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Paychex, Inc. Reports First Quarter Results

Paychex, Inc. (PAYX)  More Company Research Source: Business Wire
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
First Quarter Fiscal 2020 HighlightsTotal revenue increased 15% to $992.0 million.Operating income increased 9% to $349.1 million.Net income increased 8% to $264.2 million and adjusted net income(1) increased 6% to $257.6 million.Diluted earnings per share increased 9% to $0.73 per share and adjusted diluted earnings per share(1) increased 6% to $0.71 per share.Earnings before interest, taxes, depreciation and amortization (“EBITDA”)(1) increased 13% to $403.0 million.(1) Adjusted net income, adjusted diluted earnings per share, and EBITDA are not United States (“U.S.”) generally accepted accounting principles (“GAAP”) measures. Please refer to the “Non-GAAP Financial Measures” section on page 4 of this press release for a discussion of these non-GAAP measures and a reconciliation to the most comparable U.S. GAAP measures of net income and diluted earnings per share. ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (“Paychex,” “we,” “our,” or “us”) (Nasdaq:PAYX) today announced tota [Read more]
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Stockreport

Paychex, Inc. Reports First Quarter Results

Paychex, Inc.  (PAYX) 
More Company Research Source: Business Wire
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
First Quarter Fiscal 2020 HighlightsTotal revenue increased 15% to $992.0 million.Operating income increased 9% to $349.1 million.Net income increased 8% to $264.2 million and adjusted net income(1) increased 6% to $257.6 million.Diluted earnings per share increased 9% to $0.73 per share and adjusted diluted earnings per share(1) increased 6% to $0.71 per share.Earnings before interest, taxes, depreciation and amortization (“EBITDA”)(1) increased 13% to $403.0 million.(1) Adjusted net income, adjusted diluted earnings per share, and EBITDA are not United States (“U.S.”) generally accepted accounting principles (“GAAP”) measures. Please refer to the “Non-GAAP Financial Measures” section on page 4 of this press release for a discussion of these non-GAAP measures and a reconciliation to the most comparable U.S. GAAP measures of net income and diluted earnings per share. ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (“Paychex,” “we,” “our,” or “us”) (Nasdaq:PAYX) today announced tota [Read more]
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