Paycom’s stock plunges 25% as payroll company whiffs on earnings outlook

Singapore News News

Paycom’s stock plunges 25% as payroll company whiffs on earnings outlook
Singapore Latest News,Singapore Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Company beats on earnings but misses on revenue with third-quarter results

Paycom Software Inc. shares were set to shed a quarter of their value, based on Tuesday’s after-hours action, as the company, which makes payroll and human-resources software, came up short with its quarterly outlook.

For the third quarter, Paycom delivered net income of $75.2 million, or $1.30 a share, compared with $52 million, or 90 cents a share, in the year-earlier period. The company notched adjusted earnings per share of $1.77, ahead of the $1.61 that analysts were projecting.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Development and construction company Koontz Corp. celebrates 25 years of successDevelopment and construction company Koontz Corp. celebrates 25 years of successSPONSORED: San Antonio-based Koontz Corp. is an industry leader in the development and construction of properties throughout Texas.
Read more »

Uncommitted Camille Morrison completes climb from rookie to rock star for Metea Valley. ‘It’s all about growth.’Uncommitted Camille Morrison completes climb from rookie to rock star for Metea Valley. ‘It’s all about growth.’Camille Morrison was big for the Mustangs with 12 kills and two aces in a 22-25, 25-18, 25-21 loss to Glenbard West in a Class 4A sectional semifinal.
Read more »

The Small Robot Company Stories, Data, Wiki and Company NewsThe Small Robot Company Stories, Data, Wiki and Company NewsGet the most recent info and news about The Small Robot Company on HackerNoon, where 10k+ technologists publish stories for 4M+ monthly readers.
Read more »

AP college football poll reaction - What's next for each Top 25 teamAP college football poll reaction - What's next for each Top 25 teamThe new AP Top 25 poll is out. Here's what's next for every team in the rankings.
Read more »

Liberty Station celebrates 100th birthday by burying time capsule to be opened in 25 yearsLiberty Station celebrates 100th birthday by burying time capsule to be opened in 25 yearsOrganizers recognized the oldest living Naval Training Center recruits who were trained at the facility
Read more »

13 people killed and 25 injured after two trains collided in southern India13 people killed and 25 injured after two trains collided in southern IndiaTwo passenger trains collided in southern India on Sunday, killing 13 people and inuring 25, officials said.
Read more »



Render Time: 2025-08-27 22:01:38