Stock is up about 1% in AH trading as I write. From the press release:
Record Second Quarter Revenue of $98.2 million, up 33% from comparable prior year period
Record Second Quarter GAAP Net Income of $14.2 million, up 36% from comparable prior year period, or $0.24 per diluted share
Record Second Quarter Adjusted EBITDA of $27.8 million, up 23% from comparable prior year period
Record Second Quarter non-GAAP Net Income of $15.2 million, or $0.26 per diluted share
OKLAHOMA CITY–(BUSINESS WIRE)-- Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its financial results for the quarter ended June 30, 2017.
“Our second-quarter results reflect the strength of our position as more companies look to technology to help attract, retain and manage their talent,” said Paycom’s founder and CEO, Chad Richison. “Our software solution is well-positioned to help our clients achieve these goals and to drive growth for Paycom throughout the year.”
Read the entire release at http://investors.paycom.com/press-releases/press-release-det…
Here are the numbers I got:
Revenue (millions) Q1 Q2 Q3 Q4
2014 44.040
2015 55.222 48.973 55.340 65.118
2016 90.126 73.880 77.325 87.810
2017 119.508 98.227
EPS (non-GAAP) Q1 Q2 Q3 Q4
2014 0.06
2015 0.12 0.10 0.08 0.10
2016 0.33 0.21 0.15 0.18
2017 0.47 0.26
2017 Q2 Earnings Growth (Current):
Revenue Growth (millions)
2016 Q2 TTM Revenue = 284.464
2017 Q2 TTM Revenue = 382.87
YOY TTM Revenue Growth = 34.5%, previous quarter 38%
EPS Growth (non-GAAP)
2016 Q2 TTM Earnings = 0.72
2017 Q2 TTM Earnings = 1.06
YOY TTM EPS Growth = 47.2%, previous quarter 65.5%
P/E (Check Current Price) = 71.2/1.06 = 67.2
1YPEG = 67.2/47.2 = 1.42
Matt
Long PAYC
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