Paylocity Holding Corp (NAS:PCTY)
$ 207.54 -2.33 (-1.11%) Market Cap: 11.57 Bil Enterprise Value: 11.17 Bil PE Ratio: 57.02 PB Ratio: 10.46 GF Score: 92/100
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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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