Paylocity Holding Corporation (NASDAQ:PCTY) Q1 2024 Earnings Conference Call November 2, 2023 5:30 PM ET

Company Participants

Ryan Glenn - Chief Financial Officer

Steve Beauchamp - Co-Chief Executive Officer

Toby Williams - Co-Chief Executive Officer

Conference Call Participants

Scott Berg - Needham & Co.

Brian Peterson - Raymond James

Brad Reback - Stifel

Bryan Bergin - TD Cowen

Jared Levine - TD Cowen

Mark Marcon - Baird

Sheldon McMeans - Barclays

Jason Celino - KeyBanc Capital Markets

Alex Zukin - Wolfe Research

Daniel Jester - BMO Capital Markets

Adam Bergere - Bank of America

Robert Simmons - D.A. Davidson

Terry Tillman - Truist

Pat Walravens - JMP Securities

Operator

Good day and welcome to the Paylocity Holding Corporation First Quarter 2024 Fiscal Year Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker, Mr. Ryan Glenn, Chief Financial Officer. The floor is yours.

Ryan Glenn

Good afternoon, and welcome to Paylocity's earnings results call for the first quarter of fiscal '24 which ended on September 30 2023. I'm Ryan Glenn, Chief Financial Officer and joining me on the call today are Steve Beauchamp and Toby Williams Co-CEOs of Paylocity.

Today, we will be discussing the results announced in our press release issued after the market closed. A webcast replay of this call will be available for the next 45 days on our website under the Investor Relations tab. Before beginning, we must caution you that today's remarks including statements made during the question-and-answer session contain forward-looking statements. These statements are subject to numerous important factors, risks and uncertainties, which could cause actual results to differ from the results implied by these or other forward-looking statements.

Also, these statements are based solely on the present information and are subject to risks and uncertainties that can cause actual results to differ materially from those projected in the forward-looking statements. For additional information please refer to our filings with the Securities and Exchange Commission for the risk factors contained herein and other disclosures. We do not undertake any duty to update any forward-looking statements.

Also, during the course of today's call we will refer to certain non-GAAP financial measures. We believe that non-GAAP measures are more representative of how we internally measure the business and there is a reconciliation schedule detailing these results currently available in our press release which is located on our website at paylocity.com, under the Investor Relations tab and filed with the Securities and Exchange Commission.