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Paylocity (PCTY) delivered earnings and revenue surprises of 60% and 5.09%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
The revisions trend indicates that not all tech stocks are headed the same way as Microsoft.
SCHAUMBURG, Ill., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has scheduled a conference call to review its second quarter fiscal 2023 results for Thursday, February 2nd at 4:30 pm Central Time (5:30 pm Eastern Time).
Paylocity Holding Corporation (NASDAQ:PCTY ) Q1 2023 Earnings Conference Call November 3, 2022 5:30 PM ET Company Participants Ryan Glenn – Chief Financial Officer Steve Beauchamp – Co-Chief Executive Officer Toby Williams – Co-Chief Executive Officer Conference Call Participants Scott Berg – Needham & Co. Brad Reback – Stifel Robert Dee – Truist Owen Hobbs – JMP Securities Jordan Boretz – Jefferies Bryan Bergin – Cowen Mark Marcon – Baird Dan Jester – BMO Capital Markets Robert Simmons – D.A. Davidson Operator Good day, and welcome to Paylocity Holdings Corporation First Quarter 2023 Fiscal Year Results Conference Call.
Paylocity's (PCTY) Q1 results reflect the benefits of better sales execution and sustained investments in technological upgrades and product innovation.
Paylocity (PCTY) delivered earnings and revenue surprises of 60.66% and 5.60%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
SCHAUMBURG, Ill., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has scheduled a conference call to review its first quarter fiscal 2023 results for Thursday, November 3rd at 4:30 pm Central Time (5:30 pm Eastern Time).
With a gain of over 390%, PCTY is a strong leader in its industry performing significantly better than its references in the past 5 years. The stock failed to break out twice from its latest bottom, forming a tightening trading range which may offer a great opportunity to build a sound base.
Payroll software maker Paylocity continues to show resilience amid the bear market. But the August JOLTS report showed signs of a cooling labor market.
Here is how Paylocity (PCTY) and Wesco International (WCC) have performed compared to their sector so far this year.