Here’s a quick rundown of Tuesday’s after-the-close action: Tesla Motors (TSLA) reported a wider-than-expected loss of 58 cents a share in Q3, its worst loss in three years. Revenue rose 33% to $1.24 billion, also missing expectations. In the quarter, the electric-car maker said it delivered 11,603 vehicles, higher than its Oct. 2 estimate for 11,580. Shares popped 10% after the bell. Paycom Software (PAYC), an IBD 50 stock, said Q3 revenue
Paycom Software reported better-than-expected Q3 earnings and sales after the close Tuesday. Its Q4 sales forecast also beat expectations as its shares rose. Paycom (PAYC) reported revenue of $55.3 million, up 51% from the year-earlier quarter, vs. the analyst consensus (as polled by Thomson Reuters) estimate of $51.5 million. It was the company’s strongest revenue growth as a public company and marked Paycom’s 19th straight quarter of
Paycom Software (PAYC), which is trading at more than double its IPO price, is expected to report a more than 40% Q3 revenue gain after the market close Tuesday. Paycom provides a cloud-based employment management platform with a software-as-a-service business model, with customers buying the software as needed. Businesses use the platform to manage the complete employment life cycle, from recruitment to retirement. It also is designed to help