Comment on Paycom posts $47.3 million first-quarter profit

Paycom posts $47.3 million first-quarter profit

By Dale DenwaltStaff writer ddenwalt@oklahoman.comPaycom Software Inc. reported Tuesday that its net income during the first quarter rose 15% over the year-ago quarter. Executives for the human capital management company praised the third consecutive quarter of growth, which coincided with Paycom's five-year anniversary this month as a publicly traded company on the New York Stock Exchange. Net income was $47.3 million, or 81 cents per share, up from $41.2 million, or 70 cents a share, in the first quarter of 2018.

 

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