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Jun 30, 2021
Paylocity Q4 2021 Earnings Report
Paylocity reported solid Q4 and FY2021 results with strong momentum across the business.
Key Takeaways
Paylocity announced its Q4 and full fiscal year 2021 financial results, demonstrating solid performance amidst the COVID-19 pandemic. The company highlighted a 16% growth in recurring and other revenue and strong momentum heading into fiscal year 2022.
Paylocity had a solid fiscal year 2021 amidst the COVID-19 pandemic.
Recurring and other revenue grew by 16% in fiscal year 2021.
Products focused on the Modern Workforce saw significant increases in utilization.
Sales team execution is driving Q1 and full fiscal year 2022 revenue guidance to higher growth levels.
Paylocity
Paylocity
Forward Guidance
Paylocity is issuing guidance for the first quarter and full fiscal year 2022.