Paylocity Holding Corp Q1 FY2023 Earnings Call

Paylocity Holding Corp (PCTY)

Earnings Call FY2023 Q1 Call date: 2022-11-03 Concluded

Quarter scorecard

Revenue

$253.28M

+39.4% YoY

Diluted EPS

$0.54

-1.8% YoY

Gross margin

66.6%

+1.4 pp YoY

Net income

$30.35M

-1.9% YoY

Recurring Fees $236.82M

+35.6%

Implementation Services and Other $8.59M

+40.2%