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Dec 31, 2020
Paylocity Q2 2021 Earnings Report
Announced second quarter fiscal year 2021 financial results, demonstrating growth despite COVID-19 challenges.
Key Takeaways
Paylocity announced a strong second quarter with a 14% increase in recurring and other revenue and an 11% increase in total revenue. The company's sales team performed well in a virtual selling environment, and Paylocity is excited about its product momentum, including the acquisition of Samepage.
Achieved 11% total revenue growth.
Experienced 14% growth in recurring & other revenue.
Sales team performed strongly in a virtual environment.
Acquired Samepage, an all-in-one team collaboration solution.
Forward Guidance
Paylocity issued guidance for the third quarter and full fiscal year 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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