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Paylocity Holding Corp - PCTY STOCK NEWS

Welcome to our dedicated news page for Paylocity Holding (Ticker: PCTY), a resource for investors and traders seeking the latest updates and insights on Paylocity Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paylocity Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paylocity Holding's position in the market.

Rhea-AI Summary
Paylocity Holding (Nasdaq: PCTY) has announced a conference call to review its third quarter fiscal 2024 results scheduled for Thursday, May 2nd. The call will be available via live webcast on the company's website. A press release with the results will be issued in advance.
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Paylocity introduces new innovative features to enhance talent acquisition, employee engagement, and retention for the next-generation workforce. With the rise of Gen Z employees, companies are adapting to meet their distinct needs and preferences.
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Paylocity (PCTY) appoints Craig Conway to its Board of Directors, bringing extensive leadership experience in technology. Conway's background includes roles at PeopleSoft and One Touch Systems. His addition is expected to enhance Paylocity's strategic direction and innovation efforts.
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Paylocity Holding Corporation (PCTY) reported Q2 2024 revenue of $326.4 million, up 20% year-over-year, with recurring & other revenue of $298.4 million, up 16% year-over-year. The company achieved GAAP operating income of $49.7 million and non-GAAP operating income of $92.8 million. GAAP net income was $38.1 million or $0.67 per share. The company's cash and cash equivalents totaled $366.9 million, with cash flow from operations for the first six months of fiscal year 2024 at $137.2 million. Paylocity issued guidance for Q3 2024 with expected total revenue in the range of $395.0 million to $399.0 million and adjusted EBITDA in the range of $153.5 million to $156.5 million. For fiscal year 2024, the company expects total revenue in the range of $1.384 billion to $1.389 billion and adjusted EBITDA in the range of $474.0 million to $478.0 million.
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Paylocity Holding Corporation (Nasdaq: PCTY) has scheduled a conference call to review its second quarter fiscal 2024 results for February 8th. The live webcast will be available on the 'Investor Relations' page of the Company’s website. A press release highlighting the Company's results will be issued in advance of the conference call and will be accessible at www.paylocity.com in the investor relations section.
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Paylocity (NASDAQ: PCTY) announced new AI features to streamline HR processes and enhance employee experiences. The AI-driven optimized workforce schedules, personalized learning plans, and intelligent recommendations reflect the company's commitment to modern workforce transformation. Paylocity's AI strategy aims to enhance business efficiency and user experience, contributing meaningfully to the industry.
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Paylocity (NASDAQ: PCTY) has announced the acquisition of TraceHQ.com, Inc. ('Trace'), an innovative solution for headcount planning. This acquisition aims to extend Paylocity's platform to include labor planning tools to model, forecast, implement, and analyze headcount decisions. The acquisition is expected to enhance Paylocity's suite of HR products with market-leading headcount planning capabilities from Trace, enabling clients to make and implement headcount decisions in real time. Paylocity does not anticipate a material impact on its financial results for the second quarter and fiscal 2024.
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Paylocity Holding Corporation (Nasdaq: PCTY) reported Q1 2024 total revenue of $317.6 million, up 25% YoY. Recurring & Other Revenue was $291.7 million, up 19% YoY. GAAP net income was $34.5 million or $0.61 per share. Paylocity also provided guidance for Q2 2024 with expected total revenue in the range of $322.5 million to $326.5 million, representing approximately 19% growth over Q2 2023.
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Paylocity introduces two new products, Recognition & Rewards and Employee Voice, to enhance employee engagement and retention.
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Paylocity Holding Corporation to review first quarter fiscal 2024 results in conference call
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Paylocity Holding Corp

Nasdaq:PCTY

PCTY Rankings

PCTY Stock Data

9.47B
43.88M
20.59%
81.92%
4.78%
Software Publishers
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US
Schaumburg

About PCTY

paylocity has pioneered a unique position in the human capital management industry as being one part payroll company and one part software company. delivering one-of-a-kind cloud technology, accompanied by award winning customer service, paylocity is in a category of its own. in the spring of 2014, paylocity officially went public, trading on the nasdaq under the ticker symbol “pcty.” we are an eight-time inc. magazine winner for being one of america’s fastest growing privately-held companies, as well as a seven-time winner for being one of chicago’s 101 best & brightest companies to work for, and four-time winner for being one of the best places to work in illinois. at paylocity, our mission is to elevate the profession of payroll and human resources out of the back office and into the boardroom where it belongs. we do this by providing clients with the same caliber cloud software solutions found in other critical areas such as sales, finance, and operations. some of our most re