Paylocity Holding Corp
PCTY: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Z> | LOCK|v<z | LOCK|n@&<@J! |
Paylocity Earnings: New Customer Growth Drives Above Expectations Performance; Raise FVE to $150
Paylocity's fourth-quarter revenue was up 11% year over year to $445 million, versus the high end of guidance of $433 million. Adjusted EBITDA margin excluding interest income came in at 26.2%, compared with that implied by the high end of guidance at about 25%.
