Paylocity Holding Corporation Provides Financial Guidance for the Fourth Quarter and Full Year of 2024
May 02, 2024 at 09:05 pm
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Paylocity Holding Corporation provided financial guidance for the fourth quarter and full year of 2024. Based on information available as of May 2, 2024, the company is issuing guidance for the fourth quarter and full fiscal year 2024 as indicated below. For the fourth quarter, total revenue is expected to be in the range of $347.8 million to $351.8 million, which represents approximately 13% growth over fiscal year 2023 fourth quarter total revenue.
For the full year, total revenue is expected to be in the range of $1.393 billion to $1.397 billion, which represents approximately 19% growth over fiscal year 2023 total revenue.
Paylocity Holding Corporation is a cloud-based provider of human capital management (HCM) and payroll software solutions. The Companyâs services are provided in a software-as-a-service (SaaS) delivery mode. Its HCM and payroll software solutions deliver a unified platform for the modern workplace. It offers a product suite that helps businesses attract and retain talent, build culture and connections with their employees and streamline and automate Human Resources (HR) and payroll processes. The Company's product suite comprises payroll, human resources, time & labor, talent, benefits, employee experiences, insights & recommendations, implementation and training services and tax and regulatory services. Its software solutions offer its clients automated data integration with third-party partner systems in its Integration Marketplace, such as 401(k), benefits and insurance provider systems. It provides its SaaS solutions to approximately 36,200 clients across the United States.
PAYLOCITY HOLDING CORPORATION 
