Paychex (PAYX) Tops Q2 EPS by 1c

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Paychex, Inc. Reports Second Quarter Results

December 22, 2015 8:30 AM EST

SECOND QUARTER FISCAL 2016 HIGHLIGHTS

Total revenue increased 7% to $722.4 million. Total service revenue increased 7% to $711.3 million. Payroll service revenue increased 4% to $427.4 million. Human Resource Services revenue increased 11% to $283.9 million. Operating income increased 9% to $294.2 million. Net income increased 9% to $189.2 million and diluted earnings per share increased 11% to $0.52 per share.

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Paychex, Inc. (Paychex, we, our, or us) (NASDAQ: PAYX) today announced total service... More