We lower our fair value estimate for Paycom PAYC to $295 from $370 per share following the release of mixed third-quarter results and underwhelming preliminary guidance for fiscal 2024. Paycom is ...
Paycom's stock dropped almost 40% after missing revenue estimates by 1.22% and providing lower guidance for Q4 and FY 2024. The miss in revenue was attributed to lower service revenue and fewer ...
Paycom Software, Inc. is facing a decrease in revenue due to the success of its new payroll software, Beti, which is reducing billable items. The human capital management company expects lower growth ...