secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001591698-22-000182
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000182/0001591698-22-000182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000182/pcty-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001591698-22-000182

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