secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001591698-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169823000008/0001591698-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169823000008/pcty-20230202.htm
  HTML page:      https://secwatch.observer/filing/0001591698-23-000008

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