Paylocity Holding Corp Q1 FY2024 Earnings Call

Paylocity Holding Corp (PCTY)

Earnings Call FY2024 Q1 Call date: 2023-11-02 Concluded

Quarter scorecard

Revenue

$317.59M

+25.4% YoY

Diluted EPS

$0.61

+13% YoY

Gross margin

68.1%

+1.5 pp YoY

Net income

$34.52M

+13.7% YoY

Recurring Fees $279.90M

+18.2%

Implementation Services and Other $11.79M

+37.3%