Paylocity Announces Third Quarter Fiscal Year 2017 Financial Results

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Paylocity Holding (PCTY) PT Raised to $60 at Deutsche Bank; Big Beat as Model Scales

May 5, 2017 7:18 AM EDT

Deutsche Bank raised its price target on Paylocity Holding (NASDAQ: PCTY) to $60.00 (from $55.00) while maintaining a Buy rating following strong results.

Analyst Nandan Amladi said the model is scaling and they remain buyers after the print. The company is benefited in the... More

Paylocity Holding (PCTY) Tops Q3 EPS by 17c

May 4, 2017 4:38 PM EDT

Paylocity Holding (NASDAQ: PCTY) reported Q3 EPS of $0.40, $0.17 better than the analyst estimate of $0.23. Revenue for the quarter came in at $90.3 million versus the consensus estimate of $88.09 million.

We had a very good third quarter with total revenue growth of 28% while at the... More