secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001591698-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paylocity Q2 FY2022 revenue up 34% to $196M; GAAP EPS $0.17; acquires Cloudsnap for $50M
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- Total revenue $196.0M, up 34% YoY; recurring & other revenue $195.0M, also up 34%.
- GAAP net income $9.9M ($0.17 diluted EPS); Non-GAAP operating income $36.6M.
- Adjusted EBITDA $46.6M; cash from operations $31.0M vs $21.2M a year ago.
- Completed Cloudsnap acquisition in Jan 2022; borrowed $50M under credit facility to fund it.
- No long-term debt as of Dec 31, 2021; cash and equivalents $84.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000015/0001591698-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000015/pcty-20220203.htm
  HTML page:      https://secwatch.observer/filing/0001591698-22-000015

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