Paylocity Holding Corp (NAS:PCTY)
$ 172.97 0.8 (0.46%) Market Cap: 9.76 Bil Enterprise Value: 9.33 Bil PE Ratio: 50.28 PB Ratio: 8.86 GF Score: 86/100

Paylocity Holding Corp at Needham Growth Conference (Virtual) Transcript

Jan 11, 2022 / 03:00PM GMT
Release Date Price: $216.46 (+2.06%)
Scott Randolph Berg
Needham & Company, LLC, Research Division - Senior Analyst

Hi. Good morning, everyone, and welcome to the 24th Annual Needham Growth Conference. Thanks for joining us this morning. My name is Scott Berg. I lead our enterprise software and SaaS research efforts here.

Today with us, we have Paylocity. We have the company's CEO, Steve Beauchamp; and CFO, Toby Williams. Welcome, gentlemen.

Steven R. Beauchamp
Paylocity Holding Corporation - CEO & Director

Thank you. Good morning.

Questions & Answers

Scott Randolph Berg
Needham & Company, LLC, Research Division - Senior Analyst

I guess, to get started, for those that are not familiar with Paylocity, how about a brief overview of the company?

Steven R. Beauchamp
Paylocity Holding Corporation - CEO & Director

Yes, sure. So Paylocity focuses on kind of midsized markets, so our average-size customer is about 100 employees. And we started really offering payroll services

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