Paychex (PAYX) Reports In-Line Q4 EPS

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Paychex, Inc. Reports Fourth Quarter and Fiscal 2015 Results

July 1, 2015 8:30 AM EDT

FOURTH QUARTER AND FULL YEAR FISCAL 2015 HIGHLIGHTS

Total service revenue increased 8% to $681.4 million for the fourth quarter; 9% to $2.7 billion for the full year fiscal 2015. Payroll service revenue increased 4% for the fourth quarter; 4% for fiscal 2015. Human Resource Services revenue increased 16% for the fourth quarter; 18% for fiscal 2015. Total revenue increased 8% to $692.2 million for the fourth quarter; 9% to $2.7 billion for fiscal 2015. Operating income increased 10% to $251.6 million for the fourth quarter; 7% to $1.1 billion for fiscal 2015.... More