Paylocity Q3 FY2022 revenue $246M (+32% YoY); GAAP EPS $0.62

Paylocity Holding Corp

2022-Q3 EPS reported $1.34 revenue$623,704,000

Total revenue $246.0M (+32% YoY); recurring & other revenue $245.0M (+32% YoY).
GAAP net income $34.8M ($0.62 diluted EPS); Non-GAAP operating income $75.5M.
Adjusted EBITDA $85.7M; cash flow from operations $78.5M vs $66.1M a year ago.
No long-term debt; $50M credit facility borrowing for Cloudsnap acquisition repaid in Q3.
Launched Community Plus with chat, file sharing, and auto group features.

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