Paycom Software Inc (NYSE:PAYC)
$ 173.58 1.3 (0.75%) Market Cap: 10.09 Bil Enterprise Value: 9.56 Bil PE Ratio: 21.14 PB Ratio: 6.83 GF Score: 91/100
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Paycom Software Inc at Barclays Global Technology Conference Transcript

Dec 06, 2023 / 10:30PM GMT
Release Date Price: $185.51 (+1.86%)
Raimo Lenschow
Barclays Bank PLC, Research Division - MD & Analyst

Hey guys, welcome to our next session. Really happy to have Chad Richison here from Paycom. Chad, you and I go back many years, and it's great -- always great to see you.

Questions & Answers

Raimo Lenschow
Barclays Bank PLC, Research Division - MD & Analyst

To get everything from the -- on the same page, like you reported Q3 results. There was a lot of questions in the market about like how to think about the results and what you said there. Maybe from your perspective, like how -- to get everyone back on the same page, like so how did it play out for you?

Chad R. Richison
Paycom Software, Inc. - Founder, President, CEO & Chairman of the Board

Yes. And so Q3, we announced our results. In doing so, we did talk about the things that impacted our revenue in Q3. We called out the preemployment business that we have and that we saw some softness in that area. We did talk about the impact that more efficient payroll from the

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