Paylocity Holding (PCTY) Tops Q3 EPS by 17c

Paylocity Holding (NASDAQ: PCTY) reported Q3 EPS of $0.40, $0.17 better than the analyst estimate of $0.23. Revenue for the quarter came in at $90.3 million versus the consensus estimate of $88.09 million.

“We had a very good third quarter with total revenue growth of 28% while at the same time driving improved leverage across all of our key financial metrics, as we remain committed to scaling the business,” said Steve Beauchamp, President and Chief Executive Officer of Paylocity. “I was very pleased with the level of service provided to our clients during the busiest time of the year, as all of our operational teams worked proactively with our clients to ensure year-end tasks were completed timely and accurately.”

For earnings history and earnings-related data on Paylocity Holding (PCTY) click here.

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