Paychex (PAYX) Tops Q2 EPS by 1c; Reaffirms

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Go back to Paychex (PAYX) Tops Q2 EPS by 1c; Reaffirms

Paychex, Inc. Reports Second Quarter Results

December 21, 2016 8:30 AM EST

Second Quarter Fiscal 2017 Highlights

Total revenue increased 7% to $771.4 million. Total service revenue increased 7% to $760.0 million. Payroll service revenue increased 3% to $440.9 million. Human Resource Services revenue increased 12% to $319.1 million. Operating income increased 6% to $311.1 million. Net income increased 7% to $202.1 million and diluted earnings per share increased 8% to $0.56 per share.

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