Paylocity reports Q1 FY2023 revenue of $253.3M, up 39% YoY; net income $30.4M

Paylocity Holding Corp

2023-Q1 EPS reported $0.54 revenue$253,280,000

Total revenue $253.3M (+39% YoY); recurring & other revenue $245.4M (+36% YoY).
GAAP net income $30.4M ($0.54 diluted EPS); adjusted EBITDA $66.6M.
Cash from operations $16.4M; cash and equivalents $65.5M; no long-term debt.
Credit facility expanded to $550M in August 2022; strong sales momentum and new product enhancements.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Paylocity Holding Corp reported first quarter of fiscal year 2023 ended September 30, 2022 results: revenue $253.3 million, net income $30.4 million, EPS $0.54 per share.

Period: first quarter of fiscal year 2023 ended September 30, 2022
Revenue: $253.3 million
Net income: $30.4 million
EPS: $0.54 per share
Result: reported results

Exact text from the filing

Paylocity Announces First Quarter Fiscal Year 2023 Financial Results • Q1 2023 Recurring & Other Revenue of $245.4 million, up 36% year-over-year • Q1 2023 Total Revenue of $253.3 million, up 39% year-over-year SCHAUMBURG, IL. – November 3, 2022 – Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions,

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Source: SEC EDGAR

accession 0001591698-22-000182

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