💨 Abstract

Paychex Inc. (PAYX) released its fiscal fourth-quarter earnings, reporting a net income of $297.2 million, or 82 cents per share. The adjusted earnings were $1.19 per share, exceeding analysts' expectations of $1.18. Revenue for the quarter hit $1.43 billion, again surpassing the forecast of $1.41 billion.

Courtesy: WTOP Staff