Paycom reports Q1 EPS $2.46, consensus $2.35

Reports Q1 revenue $452M, consensus $444.2M. "Results for the first quarter of 2023 were excellent, with robust revenue growth from new clients and expanding margins, as demand for automation and our easy-to-use HCM solutions continues to increase," said Paycom’s CEO, Chad Richison. "Our unique value proposition, particularly with Beti where employees do their own payroll, continues to resonate with clients and their employees."