Paycom Makes Solid Progress
Here’s our initial take on Paycom Software‘s (NYSE: PAYC) first-quarter financial report. Key Metrics Metric Q1 2024 Q1 2025 Change vs. Expectations Production-adjusted revenue $499.9 million $530.5 million +6% Beat Adjusted earnings per share $2.59 $2.80 +8% Beat Adjusted EBITDA $229.5 million $253.2 million +10% n/a Recurring revenue $466 million $500 million +7% n/a Paycom…