05:51 PM EDT, 05/02/2024 (MT Newswires) -- Paylocity Holding ( PCTY ) reported fiscal Q3 non-GAAP net income late Thursday of $2.21 per diluted share, up from $1.74 a year earlier.

Analysts polled by Capital IQ expected $1.98.

Revenue for the quarter ended March 31 rose to $401.3 million from $339.9 million a year earlier. Analysts surveyed by Capital IQ expected $397.2 million.

For fiscal Q4, the company expects revenue of $347.8 million to $351.8 million. The consensus is for $345.6 million.

For fiscal 2024, Paylocity ( PCTY ) said it now expects revenue of $1.393 billion to $1.397 billion. In February, the company projected $1.38 billion to $1.39 billion. Analysts polled by Capital IQ expect $1.39 billion.

The shares of the company were up 11.6% in after-hours activity.

Price: 167.00, Change: +17.40, Percent Change: +11.63