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Paylocity Holding (PCTY) Misses Q1 EPS by 53c, provides guidance

October 30, 2024 4:25 PM EDT

Paylocity Holding (NASDAQ: PCTY) reported Q1 EPS of $0.88, $0.53 worse than the analyst estimate of $1.41. Revenue for the quarter came in at $363 million versus the consensus estimate of $356.38 million.

GUIDANCE:

Paylocity Holding sees Q2 2025 revenue of $364-369 million, versus the consensus of $357.8 million. Adjusted EBITDA, a non-GAAP measure, is expected to be in the range of $116.0 million to $120.0 million.
Adjusted EBITDA excluding interest income on funds held for clients, a non-GAAP measure, is expected to be in the range of $89.5 million to $93.5 million.

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



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