Paylocity impresses with a 20% year-over-year surge in Q2 FY24 revenue, reaching $326.4 million and surpassing analyst forecasts. Paylocity's innovative AI-driven initiatives propel growth, with Co-CEO Steve Beauchamp highlighting a 16% increase in recurring revenue.
Paylocity Holding Corporation (NASDAQ:PCTY) Q2 2024 Earnings Call Transcript February 8, 2024 Paylocity Holding Corporation misses on earnings expectations. Reported EPS is $0.67 EPS, expectations were $1.21. PCTY isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and thank you […]
Payroll and human resources software provider, Paylocity (NASDAQ:PCTY) reported results in line with analysts' expectations in Q2 FY2024, with revenue up 19.5% year on year to $326.4 million. On the other hand, the company expects next quarter's revenue to be around $397 million, slightly below analysts' estimates. It made a non-GAAP profit of $1.49 per share, improving from its profit of $1.12 per share in the same quarter last year.