LAS VEGAS, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced Headcount Planning, a new offering that brings together Finance, HR, Talent Acquisition, and hiring managers to create a more cohesive, data-driven approach to workforce planning. This integrated solution builds on Paylocity's acquisition of Trace in December 2023 and leverages the Paylocity employee record as the single source of truth for company-wide headcount ...

SCHAUMBURG, Ill., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced it has signed a definitive agreement to acquire Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities. The acquisition of Airbase represents an expansion of Paylocity's suite and will deliver incremental integrated value to ...

SCHAUMBURG, Ill., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ:PCTY), a leader in cloud-based HR and payroll software solutions, introduces Benefits Decision Support, a new product to simplify benefits enrollment for HR teams by offering employees personalized benefits recommendations based on their individual health needs, financial considerations, and family dynamics. This new offering is part of Paylocity's comprehensive HCM platform for the modern workforce and is the latest of several product in ...

Q4 Fiscal 2024 Investor Presentation Safe Harbor Statement This presentation is for informational purposes only and is not an offer to sell securities or a solicitation of an offer to buy any securities, and may not be relied upon in connection with the purchase or sale of any security. This presentation is proprietary and is intended solely for the information of the persons to whom it is presented. It may not be retained, reproduced or distributed, in whole or in part, by any means (including electronic) ...

Paylocity Holding Corporation (PCTY) reported fourth-quarter fiscal 2024 non-GAAP earnings of $1.48 per share, beating the Zacks Consensus Estimate by 16.54%. The bottom line increased 12.12% year over year, driven by higher revenues and an increase in the operating and EBITDA income. Paylocity's revenues climbed 16% year over year to $357.29 million and surpassed the Zacks Consensus Estimate by 2.12%. The robust increase in the top line was mainly driven by a continued focus on scaling operational costs wh ...

Paylocity (PCTY) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.32 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.54%. A quarter ago, it was expected that this provider of cloud-based payroll and human-resources software services would post earnings of $1.94 per share when it actually produced earnings of $2.21, delivering a surp ...

Q4 2024 Recurring & Other Revenue of $324.7 million, up 15% year-over-year Q4 2024 Total Revenue of $357.3 million, up 16% year-over-year FY 2024 Recurring & Other Revenue of $1,281.7 million, up 17% year-over-year FY 2024 Total Revenue of $1,402.5 million, up 19% year-over-year Repurchased 1.1 million shares of common stock for $150.0 million during Q4 2024 Co-CEO Steve Beauchamp to transition to Executive Chairman on August 5, 2024; Toby Williams to remain President and assume position of sole CEO SCHAUMB ...

Paylocity (PCTY) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. This provider of cloud-based payroll and human-resources software services is expected to post quarterly earnings of $1.27 per share in its upcoming ...

There is no question that AI companies are currently delivering impressive hyper growth, and that the high growth Paylocity offers might seem unremarkable compared to NVIDIA, for example, which at times has delivered triple digit revenue growth. What investors seem to forget is that growth durability is just as important, if not more, than just the magnitude of the revenue growth. Semiconductors tend to be a relatively cyclical industry, with companies adjusting their capex spending depending on economic co ...

This provider of cloud-based payroll and human-resources software services has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 18.53%. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, ...