Paylocity Announces Third Quarter Fiscal Year 2021 Financial Results

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Paylocity Holding (PCTY) Tops Q3 EPS by 21c, Revenues Beat; Offers 4Q & FY21 Revenues Guidance Above Consensus

May 6, 2021 5:36 PM EDT

Paylocity Holding (NASDAQ: PCTY) reported Q3 EPS of $0.88, $0.21 better than the analyst estimate of $0.67. Revenue for the quarter came in at $186.1 million versus the consensus estimate of $185.25 million.

Despite the continued challenges of the COVID-19 pandemic, we had a strong third quarter, with 11% growth in recurring & other revenue. Our sales team had a strong selling season as they continue to execute well in a digital selling environment, while we also remain... More