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 (PCTY) delivers cloud-based human capital management and payroll solutions for modern workforce management. This news hub provides investors and HR technology professionals with timely updates on corporate developments, financial performance, and product innovations shaping the HR software sector.
Access official press releases covering quarterly earnings, strategic partnerships, and technology enhancements alongside analysis of market trends impacting PCTY's position in competitive HR tech landscape. Our curated collection simplifies tracking of leadership changes, regulatory compliance updates, and platform feature releases.
Bookmark this page for streamlined monitoring of Paylocity's progress in unifying payroll processing with human resource management through its SaaS platform. Return regularly for verified updates on acquisitions, customer growth metrics, and innovations in workforce analytics tools.
Paylocity (Nasdaq: PCTY), a cloud-based HR, payroll, and spend management software solutions provider, has scheduled its third quarter fiscal 2025 earnings conference call for Thursday, May 1st at 4:30 pm Central Time. The company will host a live webcast accessible through their investor relations website, with dial-in details available via a provided link. A press release detailing the Q3 FY25 results will be released before the call and will be available on the company website.
Founded in 1997 and publicly traded since 2014, Paylocity is headquartered in Schaumburg, IL, offering intuitive product solutions for business automation, data-driven insights, and employee engagement.
Paylocity (NASDAQ: PCTY) announced that its Airbase by Paylocity solution has been named a Visionary in the 2025 Gartner® Magic Quadrant™ for Accounts Payable Applications. The recognition follows Paylocity's acquisition of Airbase in October 2024.
The platform offers a unified finance automation solution featuring:
- Procure-to-Pay (P2P) management
- AP automation with ERP sync
- Guided procurement
- Expense management
- Corporate cards with pre-approval workflows
- Business system integrations
The solution leverages machine-learning and generative AI to streamline processes, reduce risk, and enable strategic growth through enhanced visibility, control, and efficiency in managing the entire spending lifecycle.
Paylocity (NASDAQ: PCTY) has achieved the #1 ranking for Expense Management Solution for SMEs in the Spend Matters Spring 2025 SolutionMap. The recognition specifically applies to companies under $100M in revenue and highlights Airbase by Paylocity's touchless automation capabilities.
The system leverages rules, machine learning, and generative AI to automate expense management, eliminating manual expense report creation. It automatically captures, categorizes, and populates expense details in real-time, focusing on reducing administrative workload and improving efficiency.
The ranking follows a comprehensive evaluation process including technical assessments, product demonstrations, and product strategy analysis. Melissa King, Senior Vice President Product and Technology at Paylocity, emphasized the significance of this recognition as validation of their touchless automation approach.
Paylocity (PCTY) reported strong Q2 FY2025 results with total revenue reaching $377.0 million, up 16% year-over-year, while recurring & other revenue grew 17% to $347.7 million. The company's GAAP operating income was $46.6 million, with non-GAAP operating income at $101.1 million. GAAP net income slightly decreased to $37.5 million ($0.66 per share) compared to $38.1 million ($0.67 per share) in Q2 FY2024.
The company raised its FY2025 guidance, projecting recurring revenue between $1.445-1.455 billion and total revenue of $1.558-1.568 billion, representing approximately 13% and 11% growth respectively. The company's max PEPY reached $600, achieving their target set in August 2023, driven by new product launches including Benefits Decision Support and Headcount Planning.
Paylocity has announced significant enhancements to its Recruiting platform, focusing on streamlining high-volume hiring processes and improving candidate experience. The new features include streamlined scheduling integration with major calendar platforms, candidate self-scheduling capabilities, one-way video interviews, and integrated candidate assessments through marketplace partnerships.
The platform updates aim to help companies, particularly in retail and hospitality sectors, manage large volumes of applications more efficiently while ensuring compliance with EEO laws. The enhanced system allows hiring teams to manage all candidate data, communications, evaluations, and pre-hire assessments within a single platform.
While Integrated Candidate Assessments, Scheduling, and Candidate Profiles are currently available, One-Way Video Interviews will be released in spring 2025.
Paylocity (Nasdaq: PCTY) has scheduled its second quarter fiscal 2025 earnings conference call for Thursday, February 6th at 4:30 pm Central Time. The cloud-based HR, payroll, and spend management software solutions provider will make the call available via webcast on their investor relations website. A press release detailing the company's results will be issued before the conference call.
The company, founded in 1997 and publicly traded since 2014, is headquartered in Schaumburg, IL. Paylocity specializes in providing intuitive software solutions that help businesses address current challenges while preparing for future needs through automation, data-driven insights, and engagement.
Paylocity (PCTY) reported strong Q1 FY2025 results with total revenue reaching $363.0 million, up 14% year-over-year. Recurring & other revenue grew 14% to $333.1 million. The company's GAAP net income increased to $49.6 million ($0.88 per share) compared to $34.5 million ($0.61 per share) in Q1 FY2024. Notable developments include the acquisition of Airbase, a finance and spend management software solution, completed on October 1, 2024. For FY2025, Paylocity expects total revenue between $1.535-1.550 billion, representing approximately 10% growth.
Paylocity Holding (Nasdaq: PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, has announced a conference call to review its first quarter fiscal 2025 results. The call is scheduled for Wednesday, October 30th at 4:30 pm Central Time (5:30 pm Eastern Time).
A live webcast of the call will be available on the company's Investor Relations page. Dial-in details for phone access will be provided through a separate link. A press release highlighting the company's results will be issued before the conference call and will be accessible on Paylocity's website in the investor relations section.
Paylocity, founded in 1997 and publicly traded since 2014, offers intuitive software solutions to help businesses address current challenges and prepare for future opportunities. The company is known for its unique culture and is consistently recognized as one of the best places to work.
Paylocity (NASDAQ: PCTY) has unveiled its new AI Assistant, a conversational AI-driven tool designed to streamline HR processes and enhance employee experience. This innovation builds on Paylocity's existing AI capabilities, offering real-time, contextual support across the platform. The AI Assistant aims to simplify HR-related tasks for professionals and provide intuitive assistance to employees.
Key features of the AI Assistant include:
- Faster completion of administrative tasks for HR professionals
- Immediate, context-aware guidance for employees
- Customized responses based on user activity and recent actions
- Self-serve support for product training and configuration guidance
- Enhanced self-service capabilities with personalized prompts and responses
The AI Assistant is currently available to all Paylocity clients as part of its core HR and Payroll offering, with expanded functionality expected this winter.
Paylocity (NASDAQ: PCTY), a cloud-based HR and payroll software solutions provider, has announced a multi-year corporate sponsorship with the NHL's Dallas Stars. This marks Paylocity's first official sponsorship with an NHL franchise. The Dallas Stars have been using Paylocity's HR and payroll solutions since 2015.
The partnership aims to strengthen Paylocity's connection to the Stars community of fans and support the team's corporate citizenship initiatives. It also allows Paylocity to connect with Texas-based organizations and Stars fans nationwide. Toby Williams, Paylocity's President and CEO, expressed pride in supporting the Stars' behind-the-scenes operations. Brad Alberts, Dallas Stars' President and CEO, welcomed the enhanced partnership, acknowledging Paylocity's contribution to their HR and payroll needs.
