Paycom Software (NYSE: PAYC) has been helping small and midsize businesses solve their human resources challenges for nearly two decades. The company’s cloud-based system provides a simple and intuitive system that makes it easy for these companies to attract, retain, and manage their employees, which has allowed Paycom to grow like wildfire for years.
Coming into Wednesday’s fourth-quarter earnings report, investors were expecting Paycom to once again produce impressive gains on its top and bottom lines. Let’s take a closer look at how the company did.