Paylocity Holding Corporation (NASDAQ:PCTY) Q4 2024 Earnings Conference Call August 1, 2024 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

Brad Reback – Stifel
Mason Marion – Jefferies
Scott Berg – Needham & Company
Mark Marcon – Baird
Brian Peterson – Raymond James
Jared Levine – TD Cowen
Terry Tillman – Truist Securities
Jake Roberge – William Blair
Daniel Jester – BMO Capital Markets
Pat Walravens – Citizens JMP
Raimo Lenschow – Barclays
Siti Panigrahi – Mizuho
Kevin McVeigh – UBS
Jason Celino – KeyBanc

Operator

Hello, and thank you for standing by. Welcome to Paylocity Holding Corporation Fourth Quarter 2024 Fiscal Year Results. 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]

I would now like to turn the call over to Ryan Glenn. Sir, you may begin.

Ryan Glenn

Good afternoon, and welcome to Paylocity's earnings results call for the fourth quarter of fiscal year 2024, which ended on June 30, 2024. 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 therein 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.