secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001591698-25-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paylocity Q2 FY2025 revenue up 16% YoY; raises full-year guidance
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- Total revenue $377.0M (+16% YoY); recurring & other revenue $347.7M (+17% YoY).
- GAAP diluted EPS $0.66 vs $0.67; non-GAAP operating income $101.1M vs $92.8M.
- Adjusted EBITDA $126.2M vs $112.6M; cash from operations YTD $145.7M vs $137.2M.
- Leverages Airbase acquisition (Oct 2024) with $325M long-term debt; cash $482.4M.
- Management raised fiscal 2025 revenue and profitability guidance (no specifics provided).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169825000008/0001591698-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169825000008/pcty-20250206.htm
  HTML page:      https://secwatch.observer/filing/0001591698-25-000008

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