Welcome to our dedicated page for Paylocity Holdin news (Ticker: PCTY), a resource for investors and traders seeking the latest updates and insights on Paylocity Holdin stock.
Paylocity Holding Corporation (NASDAQ: PCTY) regularly issues news and updates that reflect its role as a provider of cloud-based HR, payroll, finance, IT and spend management software. Headquartered in Schaumburg, Illinois and founded in 1997, the company uses press releases and investor communications to share information about its unified platform, product innovations, financial performance and partnerships.
Investors and followers of PCTY can expect frequent earnings announcements and related updates. Paylocity reports quarterly and full-year financial results, often accompanied by Form 8-K filings that summarize revenue, recurring and other revenue, operating income, net income and non-GAAP metrics such as Adjusted EBITDA and free cash flow. These releases also discuss long-term financial targets and provide guidance ranges for upcoming quarters and fiscal years.
Product and technology news is another recurring theme. The company has announced the launch of Paylocity for Finance, which extends its HCM platform into the Office of the CFO with modules for AP Automation, Expense Management, Corporate Cards, Guided Procurement and Headcount Planning. It has also highlighted enhancements to its AI Assistant, describing how the Assistant can turn everyday questions into actions within the platform, such as checking PTO balances, viewing open headcount or referencing expense policies on desktop and mobile.
Paylocity’s news flow also includes partnership and branding announcements. The company has unveiled multi-year sponsorships with professional sports organizations such as the Vegas Golden Knights, the New York Islanders and UBS Arena, and the Chicago Bulls. In these announcements, Paylocity is identified as an Official HCM Partner or Official HCM Software Partner, and the releases describe how its technology supports HR and payroll operations while aligning with community and culture-focused initiatives.
In addition, Paylocity issues notices about upcoming earnings conference calls, including webcast details and replay availability, and provides background on its business model and culture in the "About Paylocity" sections of its releases. For anyone tracking PCTY, this news stream offers insight into the company’s financial trajectory, product roadmap, AI capabilities, sponsorship strategy and broader positioning in the Software Publishers industry.
Paylocity Holding Corporation (Nasdaq: PCTY) announced a conference call to discuss its fourth quarter and full fiscal 2021 results, scheduled for August 5, 2021, at 4:30 PM Central Time. Investors can join the call by dialing (855) 226-3021 and using conference ID 1946417. A live webcast will also be available on the company’s website. A press release with results will precede the call, accessible in the investor relations section. Established in 1997, Paylocity focuses on cloud-based HR and payroll solutions and is recognized for its unique workplace culture.
Paylocity Holding Corporation (PCTY) reported strong financial results for Q3 2021, with total revenue of $186.1 million, an increase of 8% year-over-year. Recurring and other revenue reached $184.9 million, growing 11% year-over-year. GAAP net income was $36.8 million or $0.65 per share. Cash flow from operations improved to $66.1 million, up from $50.7 million in Q3 2020. Looking ahead, the company projects Q4 revenue between $159.5 million and $163.5 million, anticipating 22%-25% growth. Fiscal year 2021 revenue is expected to be $627.7 million to $631.7 million, a 12% increase.
Paylocity (NASDAQ: PCTY) announced a study conducted by Deloitte revealing opportunities for businesses to save time and money in HR and payroll processes. With the job market evolving post-pandemic, HR teams face new challenges, including compliance and employee expectations. Key findings indicated potential automation savings of $24,500 for payroll tasks, $24,000 for time management, and $23,000 for communications. Paylocity's new Modern Workforce Index leverages data from over 25,000 customers to improve HR efficiency and employee engagement, ultimately enhancing company health.
Paylocity Holding Corporation (Nasdaq: PCTY) has announced a conference call on May 6, 2021, at 4:30 PM Central Time to discuss its third-quarter fiscal 2021 results. The call can be accessed by dialing (855) 226-3021, with the conference ID 7724575. Participants are encouraged to join at least five minutes early. A live webcast will also be available on Paylocity's website. The results will be preceded by a press release accessible in the investor relations section. Paylocity continues to provide cloud-based HR and payroll software solutions since its founding in 1997.
Paylocity Holding Corporation (PCTY) reported a strong second quarter for fiscal year 2021, with total revenue reaching $146.3 million, an 11% increase compared to the same period last year. Recurring and other revenue stood at $145.4 million, reflecting a 14% year-over-year growth. The company achieved a net income of $9.6 million, or $0.17 per share. For fiscal year 2021, Paylocity expects total revenue between $623.5 million and $628.5 million, indicating an 11%-12% growth compared to the previous year.
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Paylocity Holding Corporation (Nasdaq: PCTY) announced a conference call to discuss its second quarter fiscal 2021 results on February 4, 2021, at 4:00 pm CT. Investors can listen to the call by dialing (855) 226-3021, with a conference ID of 2895946. The live webcast will also be available on their website. A press release with the company's results will be available prior to the call. Paylocity is a leading provider of cloud-based HR and payroll software solutions, recognized for its unique culture and user-friendly products.
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Paylocity (NASDAQ: PCTY) announced its acquisition of Samepage, a team collaboration platform, on November 16, 2020. This acquisition aims to enhance Paylocity's HR and payroll software capabilities by integrating Samepage's tools for task management and real-time collaboration. By doing so, Paylocity is set to improve productivity and efficiency for remote workforces while providing modern solutions for communication and collaboration needs. This strategic move reflects Paylocity's commitment to delivering advanced human capital management solutions.
Paylocity Holding Corporation (PCTY) reported strong financial results for Q1 fiscal 2021, ending September 30, 2020. Total revenue rose by 7% year-over-year to $135.8 million, with recurring and other revenue increasing 11% to $134.9 million. Despite challenges from the COVID-19 pandemic, the company is gaining momentum in sales. The GAAP net income for the quarter was $12.5 million, or $0.22 per share. Looking ahead, PCTY projects Q2 revenue between $141 million and $145 million, indicating a growth of 7%-10% over the previous year.