Paylocity sees FY25 revenue $1.58B-$1.585B, consensus $1.57B

Sees Fiscal Year 2025: Recurring and other revenue is expected to be in the range of $1.460 billion to $1.465 billion, which represents approximately 14% growth over fiscal year 2024 recurring and other revenue. Total revenue is expected to be in the range of $1.580 billion to $1.585 billion, which represents approximately 13% growth over fiscal year 2024 total revenue. Adjusted EBITDA, a non-GAAP measure, is expected to be in the range of $571.0 million to $575.0 million. Adjusted EBITDA excluding interest income on funds held for clients, a non-GAAP measure, is expected to be in the range of $451.0 million to $455.0 million.