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EX - 99.1 2 tm214879d1_ex99-1.htm EXHIBIT 99.1 press release Paylocity Announces Second Quarter Fiscal Year 2021 Financial Results • Q2 2021 Recurring & Other Revenue of $ 145.4 million , up 14 % year - over - year • Q2 2021 Total Revenue of $ 146.3 million , up 11 % year - over - year Exhibit 99.1 paylocity Forward Together . SCHAUMBURG , IL . – February 4 , 2021 – Paylocity Holding Corporation ( Nasdaq : PCTY ) , a leading provider of cloud - based HR and payroll software solutions , today announced financial results for the second quarter of fiscal year 2021 , which ended December 31 , 2020 . " Despite the challenges of the COVID - 19 pandemic , we had a strong second quarter , with 14 % growth in recurring & other revenue and 11 % total revenue growth . The momentum our sales team developed during the Fall selling season translated into a strong January , and we continue to be pleased with how our team is performing in a virtual selling environment . We also remain excited about our product momentum in delivering the most modern platform . Our recent acquisition of Samepage , an all - in - one team collaboration solution , is another recent proofpoint , ” said Steve Beauchamp , Chief Executive Officer of Paylocity .