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The Oklahoman - Strong Paycom earnings report sends stock soaring

The Oklahoman – Strong Paycom earnings report sends stock soaring

Investors decided Thursday to cash in on strong quarterly and annual results and a cheerful 2017 forecast posted by Oklahoma City-based Paycom Software, Inc.

The stock opened Thursday at $45.26 a share and reached a high of $51.62 before closing at the end of the session at $51.32, up more than $6, or 13 percent, for the day. Paycom was the seventh-largest gainer on the New York Stock Exchange on Thursday.

Paycom in the News

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About Paycom

For 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. And thanks to its industry-first solution, Beti^®, employees now do their own payroll and are guided to find and fix costly errors before payroll submission. From onboarding and benefits enrollment to talent management and more, Paycom’s software streamlines processes, drives efficiencies and gives employees power over their own HR information, all in a single app. Recognized nationally for its technology and workplace culture, Paycom can now serve businesses of all sizes in the U.S. and internationally.