Paylocity Holding (PCTY) Misses Q3 EPS by 8c, Revenues Beat; Offers Q4 & FY19 Revenue Guidance Above Consensus

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Paylocity Announces Third Quarter Fiscal Year 2019 Financial Results

May 2, 2019 4:06 PM EDT

Q3 2019 Total Revenue of $139.6 million, up 25% year-over-yearQ3 2019 Recurring Revenue of $136.2 million, up 25% year-over-year

SCHAUMBURG, Ill., May 02, 2019 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based payroll and human capital management software solutions, announced today financial results for the third quarter of fiscal year 2019, which ended March 31, 2019.

We were pleased with our performance during the third quarter of fiscal 2019, with $139.6 million in total revenue and 25% growth over the third quarter of last fiscal year, which included on boarding a... More