Paylocity Q2 FY2023 total revenue $273M, up 39% YoY; recurring revenue up 31%

Paylocity Holding Corp

2023-Q2 EPS reported $0.81 revenue$526,288,000

Total revenue $273.0M (+39% YoY); recurring & other revenue $256.4M (+31% YoY).
GAAP net income $15.6M ($0.28 diluted EPS); non-GAAP operating income $65.1M.
Adjusted EBITDA $77.4M; cash flow from operations $62.4M.
Cash and equivalents $120.1M; no long-term debt; credit facility undrawn.
Integrated Cloudsnap acquisition; strong attach rates for modern workforce solutions.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Paylocity Holding Corp reported the second quarter of fiscal year 2023, which ended December 31, 2022 results: revenue $273.0 million, net income $15.6 million, EPS $0.28 per share.

Period: the second quarter of fiscal year 2023, which ended December 31, 2022
Revenue: $273.0 million
Net income: $15.6 million
EPS: $0.28 per share
Result: reported results

Exact text from the filing

Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results • Q2 2023 Recurring & Other Revenue of $256.4 million, up 31% year-over-year • Q2 2023 Total Revenue of $273.0 million, up 39% year-over-year SCHAUMBURG, IL. – February 2, 2023 – Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the second quarter of fiscal year 2023, which ended December 31, 2022.

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Source: SEC EDGAR

accession 0001591698-23-000008

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