Paylocity Q3 FY2023 recurring revenue up 28% to $314.2M; GAAP EPS $1.02

Paylocity Holding Corp

2023-Q3 EPS reported $1.83 revenue$866,145,000

Q3 FY2023 recurring & other revenue $314.2M, up 28% YoY; total revenue $339.9M, up 38%.
GAAP net income $57.6M ($1.02 diluted EPS); Non-GAAP operating income $116.7M.
Adjusted EBITDA $130.7M; cash flow from operations $206.1M for first nine months.
No long-term debt; cash and equivalents $233.7M as of March 31, 2023.
Launched AI Assist, HCM industry's first generative AI integration with OpenAI.

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 0.95

Paylocity Holding Corp reported the three month period ended March 31, 2023 results: revenue Total revenue was $339.9 million, net income GAAP net income was $57.6 million or $1.02 per share, EPS $1.02 per share.

Period: the three month period ended March 31, 2023
Revenue: Total revenue was $339.9 million
Net income: GAAP net income was $57.6 million or $1.02 per share
EPS: $1.02 per share
Result: reported results

Exact text from the filing

Paylocity Announces Third Quarter Fiscal Year 2023 Financial Results • Q3 2023 Recurring & Other Revenue of $314.2 million, up 28% year-over-year • Q3 2023 Total Revenue of $339.9 million, up 38% year-over-year SCHAUMBURG, IL. – May 4, 2023 – Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today

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Source: SEC EDGAR

accession 0001591698-23-000061

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