earnings
confidence high
sentiment positive
materiality 0.75
Paylocity Q2 FY2024 revenue $326.4M (+20% YoY), EPS $0.67, adj EBITDA $112.6M
Paylocity Holding Corp
2024-Q2 EPS reported
$1.28
revenue$643,947,000
- Total revenue $326.4M, up 20% YoY; recurring & other revenue $298.4M, up 16% YoY.
- GAAP net income $38.1M, diluted EPS $0.67 (56.9M shares). Non-GAAP operating income $92.8M.
- Adjusted EBITDA $112.6M; operating cash flow first 6 months $137.2M, up from $78.8M.
- Cash and equivalents $366.9M; no long-term debt, no draw on credit facility.
- Launched AI-driven personalized learning, optimized schedules, and generative AI in HCM products.