Shares of HR software provider Paycom (NYSE:PAYC) fell 13.3% in the morning session after the company reported third-quarter earnings that disappointed investors, despite meeting revenue expectations. The human resource and payroll technology provider posted adjusted earnings of $1.94 per share, falling short of the consensus estimate of $1.96. While revenue of $493.3 million was slightly ahead of expectations and grew 9.2% from the previous year, the results highlighted slowing momentum. The company reaffirmed its full-year revenue guidance, but this was not enough to satisfy investors, who seemed to be hoping for a stronger outlook. Furthermore, billings growth of 9.5% mirrored the slowdown in sales, suggesting increasing competition is creating challenges.
After a brief and cautious rebound on Wednesday, risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Thursday. Stay informed about the latest market trends.
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HR software provider Paycom (NYSE:PAYC) met Wall Streets revenue expectations in Q3 CY2025, with sales up 9.2% year on year to $493.3 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $2.05 billion at the midpoint. Its non-GAAP profit of $1.94 per share was 1.1% below analysts’ consensus estimates.
HR software provider Paycom (NYSE:PAYC) met Wall Streets revenue expectations in Q3 CY2025, with sales up 9.2% year on year to $493.3 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $2.05 billion at the midpoint. Its non-GAAP profit of $1.94 per share was 1.1% below analysts’ consensus estimates.
Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments.
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While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner.
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PAYCOM stock shows strong fundamentals with high profitability, no debt, and steady growth, while its technical chart suggests a potential breakout from a consolidation pattern.
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The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Oklahoma City, OK – October 1, 2025 – In a move that underscores the accelerating impact of artificial intelligence on the global workforce, Paycom Software Inc. (NYSE: PAYC), a leading provider of cloud-based human capital management software, announced today the layoff of over 500 employees. The company explicitly cited AI-driven automation and
