Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Paycom Software Stock Soared Today

TheMotleyFool

0 0

Why Paycom Software Stock Soared TodayPhoto, wide shot, wide-angle lens, Cloud computing provider, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/8d7b6619-8b3b-4e9e-b659-68643d72528e.png

Shares of software-as-a-service provider Paycom Software (NYSE: PAYC) were up by more than 10% on Wednesday after reporting second-quarter earnings that beat analysts' expectations. As of 3:01 p.m. EDT, the stock was up 10.7%.

Paycom released its Q2 results after the closing bell Tuesday. Earnings per share came in at $0.97, which was better than the $0.83 analysts had been expecting.

Image source: Getty Images.

Source Fool.com

Like: 0

PAYC

Share