secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001591698-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paylocity Q2 FY2024 revenue $326.4M (+20% YoY), EPS $0.67, adj EBITDA $112.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169824000012/0001591698-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169824000012/pcty-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001591698-24-000012

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