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Stockreport

Paychex, Inc. Reports Fourth Quarter and Fiscal 2019 Results; Total Revenue Growth of 12% to $3.8 Billion for the Fiscal Year

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
Fourth Quarter and Full Year Fiscal 2019 HighlightsTotal revenue increased 16% to $980.4 million for the fourth quarter; 12% to $3.8 billion for fiscal 2019.Total service revenue increased 16% to $958.2 million for the fourth quarter; 11% to $3.7 billion for fiscal 2019.Interest on funds held for clients increased 25% to $22.2 million for the fourth quarter; 27% to $80.6 million for fiscal 2019.Operating income increased 4% to $314.5 million for the fourth quarter; 6% to $1.4 billion for fiscal 2019. Adjusted operating income(1) increased 4% for fiscal 2019 to $1.4 billion.Net income increased 6% to $230.4 million for the fourth quarter; 4% to $1.0 billion for fiscal 2019. Adjusted net income(1) increased 10% to $228.1 million for the fourth quarter; 11% to $1.0 billion for fiscal 2019.Diluted earnings per share increased 7% to $0.64 per share for the fourth quarter; 4% to $2.86 per share for fiscal 2019. Adjusted diluted earnings per share(1) increased 9% to $0.63 per share for the f [Read more]
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Stockreport

Paychex, Inc. Reports Fourth Quarter and Fiscal 2019 Results; Total Revenue Growth of 12% to $3.8 Billion for the Fiscal Year

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
Fourth Quarter and Full Year Fiscal 2019 HighlightsTotal revenue increased 16% to $980.4 million for the fourth quarter; 12% to $3.8 billion for fiscal 2019.Total service revenue increased 16% to $958.2 million for the fourth quarter; 11% to $3.7 billion for fiscal 2019.Interest on funds held for clients increased 25% to $22.2 million for the fourth quarter; 27% to $80.6 million for fiscal 2019.Operating income increased 4% to $314.5 million for the fourth quarter; 6% to $1.4 billion for fiscal 2019. Adjusted operating income(1) increased 4% for fiscal 2019 to $1.4 billion.Net income increased 6% to $230.4 million for the fourth quarter; 4% to $1.0 billion for fiscal 2019. Adjusted net income(1) increased 10% to $228.1 million for the fourth quarter; 11% to $1.0 billion for fiscal 2019.Diluted earnings per share increased 7% to $0.64 per share for the fourth quarter; 4% to $2.86 per share for fiscal 2019. Adjusted diluted earnings per share(1) increased 9% to $0.63 per share for the f [Read more]
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