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Paylocity Holding (PCTY) Tops Q3 EPS by 6c

May 7, 2015 4:12 PM

Paylocity Holding (NASDAQ: PCTY) reported Q3 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $47.3 million versus the consensus estimate of $44.5 million.

Paylocity Holding sees Q4 2015 EPS of ($0.07)-($0.05), versus the consensus of ($0.09). Paylocity Holding sees Q4 2015 revenue of $37.5-38.5 million, versus the consensus of $37.34 million.

Paylocity Holding sees FY2015 EPS of ($0.04)-($0.02), versus the consensus of ($0.09). Paylocity Holding sees FY2015 revenue of $150.2-151.2 million, versus the consensus of $147.31 million.

"The seasonal boost of high gross margin fees for annual filings, coupled with the continued demand for our cloud-based, unified payroll and HCM solutions, resulted in a strong quarter across all of our key metrics," said Steve Beauchamp, President and Chief Executive Officer of Paylocity. "The third quarter is historically our most active sales period, and our team performed very well, laying the foundation for a strong finish to FY 2015 and providing momentum going into FY 2016."

For earnings history and earnings-related data on Paylocity Holding (PCTY) click here.

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