Paylocity Fiscal Q3 Earnings, Revenue Rise; Issues Outlook

MT Newswires Live
02 May

Paylocity Holding (PCTY) reported fiscal Q3 non-GAAP net income late Thursday of $2.43 per diluted share, up from $2.21 a year earlier.

Analysts polled by FactSet expected $2.12.

Revenue for the quarter ended March 31 was $454.55 million, up from $401.28 million a year earlier. Analysts polled by FactSet expected $442 million.

For fiscal Q4, the company expects revenue of $385.5 million to $390.5 million. Analysts expected $382.1 million.

For fiscal 2025, it raised its revenue guidance to $1.58 billion to $1.59 billion from $1.56 billion to $1.57 billion previously. Analysts expected $1.56 billion.

Shares were up more than 1% in after-hours activity.

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