PAYC / Paycom Software (PAYC) Suffers a Larger Drop Than the General Market: Key Insights

Paycom reported solid third-quarter financial results, but the stock crashed on weak guidance. Paycom brings together innovative payroll software and more_horizontal

Paycom's Q3 results came in weaker than Wall Street anticipated. The company's guidance for Q4 and next year also disappointed investors. more_horizontal

Paycom Software (PAYC) shares cratered after the payroll and human resources services provider posted worse-than-expected results and slashed its outl more_horizontal

Paycom stock plummeted after the company released earnings, despite solid revenue growth and profitability. The company's automated Beti product appea more_horizontal

Paycom Software stock plummeted almost 40% on Wednesday after the human resources and payroll software provider's third quarter revenue missed estimat more_horizontal

At least seven former bulls just cut bait on Paycom Software Inc. shares, which were melting down Wednesday after the company delivered a grim growth more_horizontal

Fourth-quarter guidance from the provider of cloud-based human capital management software was below analysts' estimates. more_horizontal

Paycom Software, Inc. (NYSE:PAYC ) Q3 2023 Earnings Conference Call October 31, 2023 5:00 PM ET Company Participants James Samford - Head of IR Chad R more_horizontal