Paylocity Announces Second Quarter Fiscal Year 2021 Financial Results

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Paylocity Holding (PCTY) PT Raised to $260 at Needham & Company

February 5, 2021 6:15 AM EST

Needham & Company analyst Scott Berg raised the price target on Paylocity Holding (NASDAQ: PCTY) to $260.00 (from $220.00) while maintaining a Buy rating.

The analyst commented, "Paylocity reported an impressive December quarter with revenue and non-GAAP EPS both above expectations. We note the March... More

Paylocity Holding (PCTY) Tops Q2 EPS by 11c

February 4, 2021 4:36 PM EST

Paylocity Holding (NASDAQ: PCTY) reported Q2 EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $146.3 million versus the consensus estimate of $143.45 million.

Despite the challenges of the COVID-19 pandemic, we had a strong second quarter, with 14% growth in... More