Paycom Software Delivers Yet Again

Paycom Software (NYSE: PAYC), a provider of cloud-based payroll and human resources software, reported its second-quarter results after the market closed on Tuesday. The company once again produced impressive growth numbers and even managed to beat its own guidance. However, the stock was down about 5% around noon on Wednesday.

Let's go over the company's results to get a better sense of what happened during the period.

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Source: Fool.com