PCTY - Paylocity GAAP EPS of $0.28 misses by $0.01 revenue of $273M beats by $13.32M

• Paylocity press release ( NASDAQ: PCTY ): Q2 GAAP EPS of $0.28 misses by $0.01 .
• Revenue of $273M (+39.3% Y/Y) beats by $13.32M .

• Based on information available as of February 2, 2023, Paylocity is issuing guidance for the third quarter and full fiscal year 2023 as indicated below.Third Quarter 2023:

• Total revenue is expected to be in the range of $330.5 million to $334.5 million,vs $318.45M Concensus. which represents approximately 35% growth over fiscal 2022 third quarter total revenue.

• Adjusted EBITDA, a non-GAAP measure, is expected to be in the range of $121.5 million to $124.5 million

• Total revenue is expected to be in the range of $1.156 billion to $1.161 billion vs $1.12B Consensus, which represents approximately 36% growth over fiscal year 2022 total revenue

• Adjusted EBITDA, a non-GAAP measure, is expected to be in the range of $358.5 million to $362.5 million.

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