Paylocity Q1 FY2024 revenue up 25% to $317.6M; GAAP EPS $0.61

Paylocity Holding Corp

2024-Q1 EPS reported $0.61 revenue$317,586,000

Total revenue $317.6M (+25% YoY); recurring & other revenue $291.7M (+19% YoY).
GAAP net income $34.5M ($0.61 diluted EPS); non-GAAP operating income $86.9M.
Adjusted EBITDA $104.9M; operating cash flow $62.1M vs $16.4M a year ago.
No long-term debt; cash & equivalents $305.0M as of Sep 30, 2023.
Launched new products: Rewards & Recognition and AI-driven Employee Voice.

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 first quarter of fiscal year 2024 results: revenue $317.6 million, net income $34.5 million, EPS $0.61 per share.

Period: first quarter of fiscal year 2024
Revenue: $317.6 million
Net income: $34.5 million
EPS: $0.61 per share
Result: reported results

Exact text from the filing

Paylocity Announces First Quarter Fiscal Year 2024 Financial Results • Q1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year • Q1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, IL. – November 2, 2023 – Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions,

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Source: SEC EDGAR

accession 0001591698-23-000236

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