secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001591698-22-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000061/0001591698-22-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000061/pcty-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001591698-22-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer