fiscal discuss you, results. Brian, Thank and thanks you for first quarter Paycor's to us to of joining all
and both are exceeding start off with fiscal guidance revenue profitability We for to great quarter. a our 'XX the in
for that of revenue to this which human evidence Paycor the as shifting early in solutions small accelerate profitability leading believe effective, the that Paycor still and is is is management businesses. to a medium time. Our a proving increase cloud, success of we're positions multibillion-dollar and provider in over that growth market We stages our and further is strategy QX SaaS-based establishing capital
employees. empower to by developing, businesses retaining to build of small is attracting, Paycor engaging, the teams winning and built leaders and medium
seen results believe from challenge and all million, and for have in We quarter year is our we $XX.X a million. the small teams success their war year market. focus leaders our the for over talent that recent As up businesses. of headlines, for demonstrates medium 'XX is delivered pressing and resonating operating fiscal XX% total with We income of revenue year, the of adjusted $X.X strong first on
undertook for to We growth bookings our our differentiated efforts Mueller, sales is our level in 'XX validation This the officer, yielding Chuck that expectations levers, and continued also internal fiscal of proposition, are expand up QX. exceeded that solid in execution and value our our revenue chief against results. organization
growth strong discuss key With in guidance, once in our are shortly. made the We quarter across our broad-based progress each will again Adam of these which had raising success significant detail more results, with we initiatives.
is X increased our market focus First, Tier paying off. on
We continue grow bookings Tier significantly in to our X markets.
our a our areas Tier specifically focus our strategic We is our performance targets, are aggressively One expanding staffing organization. of pleased exceeding QX, X markets. strong biggest hiring internal we with in in results and sales had
these a in Angeles, and provides dense to York markets New great hiring San As previously, Paycor bookings. like sales we its have discussed accelerate and expand Los coverage opportunity Francisco,
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is platform while working. leveraging proactively empower for our their to decision engage and for to administration and the tools, them community Our client and benefits competitive satisfaction insights, that customers the the advantage right choose increases solution broker retention,
in the vertical market. our Third, resonating is focus
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adding of and solutions employee or available. to per HCM strategy month, per part is core our A growth the new total our expand increase platform PEPM, by
per product suite During from quarter, increased we per the first PEPM PEPM $XX month to full our $XX month.
aggressively adoption we portfolio very particular, positive them. the over our then couple seeing with to attract, best seeing identify, and are management their recognize expanded which develop, hire product provides and have our train, need talent people the onboard We and leaders great coach, engage teams of are we In tools results. the past for of bundle, years, and they
and our And Talent highlight today. a significant for new in SMB top is mind every of features for ability existing capabilities customers. quickly increase product new announced We add driving QX introduce rates customers. that as for several both to result, in attach that value our is a new
our to changes recognition with workplace clocks. promote and customers launch First, tracker safety offerings our to COVID-related the time help we our facial of and bolstered compliance navigate immunization impending
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recognition our now employee time clock, facial product promoting experience. time offers a a addition, In touchless
with financial that pay control employees On-Demand another a HR benefit our access exciting also view On-Demand to own talent, their our their where in earned current resonates that benefit wage verticals. leaders payday access that directly core retain earned Pay to with attract options flexible and to for leaders before launched app provides On-Demand an from more pay Pay, wages Pay history. enables also evolution solution their wages they We employees mobile and in well provides and employees. allows compensation an is their can health
recently culture diversity, welcoming We are equity, for also This list proud with a across practices inclusive coveted and to be all levels and inclusion Top named a companies the Workplace extremely of XXXX of organization.
conduct Our and inclusion, workplace. Black commitment of advance business in the inclusion the DE&I signed in our commitment, reflected the Academy, employee programs, with largest in this action our the also the for as opportunities CEO-driven which I success partnership to development is pledge resource CEO McKinsey. and diversity such To diversity through groups to reinforce Leadership we commitment associate-focused
Before I how want our turn Adam, by it to to over performance. I reiterate am just excited I
our We the detailed and for Paycor's stage setting are executing future. growth plan
elements our more place to the market. financial the winner With all in have we Adam ATM believe to be let results me that, talk to in over in a detail. call about turn We the Adam?
