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Paylocity (NASDAQ:PCTY) Reports Q2 In Line With Expectations But Stock Drops

Payroll and human resources software provider, Paylocity (NASDAQ:PCTY) reported results in line with analysts' expectations in Q2 FY2024, with revenue up 19.5% year on year to $326.4 million. On the other hand, the company expects next quarter's revenue to be around $397 million, slightly below analysts' estimates. It made a non-GAAP profit of $1.49 per share, improving from its profit of $1.12 per share in the same quarter last year.
Steve Sarowitz Steve Beauchamp Hr Software Cash Flow Advanced Scheduling Learning Management
Source: yahoo.com

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Exclusive-Meta's head of augmented reality software stepping down

Meta's head of augmented reality software is stepping down from his role, a company spokesperson told Reuters on Friday, raising questions about the company's progress in developing a custom operating system for its planned AR glasses. VP of Engineering Don Box announced the end of his tenure at Meta internally this week, without elaborating on what he would do next, according to a source familiar with the matter. A Meta spokesperson confirmed Box would be leaving the company at the ...
Andrew Bosworth Katie Paul Mark Zuckerberg Kenneth Li Daniel Wallis Engineering Don Box
Source: yahoo.com

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