{"schema_version":"secwatch.filing_event.v1","accession":"0001591698-23-000112","form_type":"8-K","ticker":"PCTY","cik":"0001591698","company_name":"Paylocity Holding Corp","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.467620+00:00","generated_at":"2026-06-12T08:19:37.886373+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Paylocity Q4 recurring revenue $282M (+24% YoY); FY23 adj. EBITDA $375M (+58%)","bullets":["FY23 total revenue $1,174.6M (+38% YoY); recurring revenue $1,098.0M (+30% YoY).","FY23 GAAP net income $140.8M ($2.49 diluted EPS) vs. $90.8M ($1.61) prior year.","FY23 Adjusted EBITDA $375.2M (31.9% of revenue) vs. $237.8M (27.9%) prior year.","Long-term adj. EBITDA target raised to 35-40% of revenue (from 30-35%); FCF target raised to 20-25% (from 15-20%).","Cash and equivalents $288.8M; FY23 free cash flow $215.8M (18.4% of revenue)."],"urls":{"canonical":"https://secwatch.observer/filing/0001591698-23-000112","json":"https://secwatch.observer/filing/0001591698-23-000112.json","markdown":"https://secwatch.observer/filing/0001591698-23-000112.md","text":"https://secwatch.observer/filing/0001591698-23-000112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591698/000159169823000112/0001591698-23-000112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591698/000159169823000112/pcty-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:19:37.886373+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7a79a9cee3946920c5c55dd017ae1b832da81af3","claim":"Paylocity Holding Corp reported the fourth quarter and full fiscal year 2023, which ended June 30, 2023 results: revenue $308.5 million, net income $37.3 million or $0.66 per share. Guidance reaffirmed.","evidence_excerpt":"Announces Fourth Quarter and full Fiscal Year 2023 Financial Results • Q4 2023 Recurring & Other Revenue of $282.0 million, up 24% year-over-year • Q4 2023 Total Revenue of $308.5 million, up 35% year-over-year • FY 2023 Recurring & Other Revenue of $1,098.0 million, up 30% year-over-year • FY 2023 Total Revenue of $1,174.6 million, up 38% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1591698/000159169823000112/0001591698-23-000112-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full fiscal year 2023, which ended June 30, 2023"},{"label":"Revenue","value":"$308.5 million"},{"label":"Net income","value":"$37.3 million or $0.66 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}