Paycom Software is trading at $188.00 (+7.58%) after reporting second-quarter revenue of $531.2 million, which grew 9.8% year over year and exceeded market expectations.
- The company posted GAAP EPS of $2.34, fueling a strong earnings-driven reaction from investors.
- Management raised its full-year revenue and adjusted EBITDA guidance, signaling confidence in the company's growth trajectory.