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Sep 30, 2021
Paylocity Q1 2022 Earnings Report
Paylocity's Q1 2022 financial results were announced, revealing a strong start to fiscal year 2022 with significant revenue growth.
Key Takeaways
Paylocity announced a strong start to fiscal year 2022, with total revenue and recurring revenue up by 34% year-over-year. The company also completed the acquisition of Blue Marble, a global payroll provider.
Total revenue increased by 34% year-over-year.
Recurring and other revenue increased by 34% year-over-year.
Completed the acquisition of Blue Marble to support global payroll services.
Hosted a record number of attendees at the virtual Elevate Client Conference.
Revenue by Segment
Forward Guidance
Paylocity issued guidance for the second quarter and full fiscal year 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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