Paylocity Holding Corp. issued guidance for its fiscal third quarter and full fiscal year 2017.

For the fiscal third quarter, total revenue is expected to be $87.5 million to $88.5 million, and adjusted EBITDA is expected between $17.0 million and $18.0 million. Non-GAAP net income is expected to be $12.0 million to $13.0 million, or 22 cents to 24 cents per share.

For the full fiscal year, the company expects total revenue of $296.0 million to $298.0 million and adjusted EBITDA of $42.0 million to $43.0 million. Non-GAAP net income is expected between $22.5 million and $23.5 million, or 41 cents to 43 cents per share.

For its fiscal second quarter of 2017, Paylocity recorded a net loss of $1.7 million, or 3 cents per share, compared with a net loss of $1.2 million, or 2 cents per share, in the year-ago quarter.