Paylocity Holding (PCTY) Tops Q2 EPS by 7c, Offers Q3 & FY Guidance

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Paylocity Announces Second Quarter Fiscal Year 2017 Financial Results

February 2, 2017 4:05 PM EST

Q2 2017 Total Revenue of $68.7 million, up 24% year-over-yearQ2 2017 Recurring Revenue of $66.1 million, up 26% year-over-year

ARLINGTON HEIGHTS, Ill., Feb. 02, 2017 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a cloud-based provider of payroll and human capital management software solutions, today announced financial results for the second quarter of fiscal year 2017, which ended December 31, 2016.

I was pleased with our second quarter in terms of both top and bottom line performance given the challenge in comparing to the record-setting revenue growth in the second quarter of last fiscal... More