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Paylocity made $451.7 million in sales last quarter, up 11%, and raised its future revenue forecast by $30 million.

ResultsRead the original at Benzinga
Good for PCTY

Paylocity's sales grew 11% and beat its forecast, and its total sales forecast rose by $30 million. It also raised its adjusted profit forecast, though its new AI recruiting tool is still early.

PCTY · Paylocity Holding

AI read · Good for PCTY

The AI's read

Client retention stayed consistent, and the Broker channel performed strongly. Paylocity says its AI tools help clients work faster and may support paid premium features. Recruiting Optimizer is still new, so its lasting sales contribution is not yet shown.

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