Paylocity Fiscal Q2 EPS, Revenue Rise; Fiscal 2025 Sales Outlook Raised -- Shares Up After Hours

MT Newswires Live
07 Feb

Paylocity Holding (PCTY) reported fiscal Q2 non-GAAP net income late Thursday of $1.52 per diluted share, up from $1.49 a year earlier.

Analysts polled by FactSet expected $1.42.

Revenue for the quarter ended Dec. 31 was $377 million, up from $326.4 million a year earlier. Analysts polled by FactSet expected $367.1 million.

For fiscal Q3, the company expects revenue of $439 million to $444 million. Analysts expect $433.5 million.

For fiscal 2025, Paylocity said it now expects revenue of $1.56 billion to $1.57 billion. In October, the company projected $1.54 billion to $1.55 billion. Analysts are looking for $1.54 billion.

Shares were up nearly 4% in after-hours activity.

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