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Home/News Feed/Paycom posts 10% revenue growth in Q2, shares jump 23% after strong earnings and raised guidance
PAYC
$210.00
-$4.94 -2.30%

Paycom posts 10% revenue growth in Q2, shares jump 23% after strong earnings and raised guidance

Company Fundamentals
10 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Paycom reported strong Q2 results with 10% revenue growth and an 11% increase in recurring revenue year-over-year. The company saw significant margin expansion and non-GAAP EPS of $2.78, indicating improved profitability and strong free cash flow. Following the earnings, Paycom's shares rallied 23%. Management raised its full-year 2026 guidance for revenue to $2.197B–$2.212B and adjusted EBITDA to $1.007B–$1.022B, both above market expectations. Despite the rally, the recommendation is to hold the stock rather than buy more at current levels, with a suggestion to consider buying on a meaningful price pullback.

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