secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001591698-23-000236
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169823000236/0001591698-23-000236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169823000236/pcty-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001591698-23-000236

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