Paycom Software (PAYC) reported Q1 non-GAAP earnings late Wednesday of $2.80 per diluted share, up from $2.59 a year earlier.

Analysts surveyed by FactSet expected $2.57.

Revenue in the three months ended March 31 rose to $530.5 million from $499.9 million a year earlier.

Analysts polled by FactSet expected $525 million.

The company boosted 2025 revenue guidance to the range of $2.023 billion to $2.038 billion from $2.015 billion to $2.035 billion. Analysts expect $2.024 billion.

The company's shares rose 2.3% in after-hours trading.