PCTY - Paylocity GAAP EPS of $0.54 beats by $0.29 revenue of $253.3M beats by $13.57M

• Paylocity press release ( NASDAQ: PCTY ): Q1 GAAP EPS of $0.54 beats by $0.29 .
• Revenue of $253.3M (+39.4% Y/Y) beats by $13.57M .
• GAAP operating income was $7.1 million and Non-GAAP operating income was $55.1 million in the first quarter of fiscal year 2023.
• Adjusted EBITDA, a non-GAAP measure, was $66.6 million in the first quarter of fiscal year 2023.
• Cash and cash equivalents totaled $65.5 million as of the first quarter of fiscal year 2023.
• Cash flow from operations for the first quarter of fiscal year 2023 was $16.4 million.

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