ROI Indicates Better Performing Stocks: $PAYC $PAYX $MSI


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Paycom Software Posts Revenue Of $181.6 million in Q2 2020

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Paycom Software Inc. (NYSE:PAYC) has an ROI of 32.30%, which is one of the highest amongst large-cap companies. The company reported Q2 2020 revenue of $181.6 million which is a 7% increase from last year with recurring revenue coming in at $178 million. GAAP net income was $28.6 million or $0.49 per diluted share compared to GAAP net income of $48.8 million or $0.83 per share in Q2 2019 while non-GAAP net income was $35.9 million or $0.62 per share. The company reported adjusted EBITDA of $61.2 million compared to $69.4 million a year ago. Paycom ended the quarter with cash and cash equivalents of $113.5 million and total net debt of $31.8 million.

Paychex Ranked The Largest 401(K) Plans Provider

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Paychex, Inc.’s (NASDAQ:PAYX) ROI is 31.30%, which is one of the highest amongst large cap companies. The company has been ranked among the best 401(K) providers serving over 90,000 plans. The ranking was part of the yearly Recordkeeping Survey that was published by PLANSPONSOR magazine. Also, the company earned a distinction as a leading provider on several plans added last year with new plans of around 17,693.

The company has earned recognition ion the industry for Paychex Flex(R) its cloud-based HY tech app. The application was recognized with a tech award for Best Small and Medium Business-focused Solution in the Core Workforce/HR category. The Lighthouse Research & Advisory powered HR Tech Awards program has been designed to offer buyers a list of the best providers for their needs.

Motorola Solutions Declares Quarterly Dividend Of $0.64

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Motorola Solutions Inc (NYSE:MSI) whose ROI is 31.30%, is one of the highest amongst large-cap companies. The company has declared a quarterly dividend of $0.64 per share which will be payable on October 15, 2020, to shareholders that shall be on record as of September 15, 2020.

Also, the company has introduced an H4 Thermal Elevated temperature Detection Solution for the contactless screening of temperature. This is the latest addition to its video security and analytics offering with the solution designed to screen for elevated body temperature indications thus helping people over the COVID-19 period. The solution comprises of an infrared spectrum thermal camera and also features edge-based analytics that offers contactless screening.

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