Paylocity sees Q3 revenue $4387M-$492M, consensus $483.82M

Recurring and other revenue is expected to be in the range of $457.5 million to $462.5 million, which represents approximately 9%-10% growth over fiscal year 2025 third quarter recurring and other revenue. Adjusted EBITDA, a non-GAAP measure, is expected to be in the range of $200.0 million to $204.0 million. Adjusted EBITDA excluding interest income on funds held for clients, a non-GAAP measure, is expected to be in the range of $170.5 million to $174.5 million.