NasdaqGS:PCTYProfessional Services
Does Paylocity (PCTY) Pair Slower Growth Guidance With Buybacks To Redefine Its Long-Term Edge?
In early February 2026, Paylocity reported second-quarter fiscal 2026 results showing higher revenue and net income year on year, issued fiscal 2026 revenue guidance implying single-digit growth over 2025, and confirmed it had completed a US$599.64 million share repurchase program covering 3,681,560 shares since May 2024.
These results, paired with management’s focus on AI-enhanced HR tools and expanded product modules, prompted positive analyst commentary around Paylocity’s competitive...