Categories AlphaGraphs, Earnings, Technology

Key highlights from Paychex (PAYX) Q2 2022 earnings results

Paychex Inc. (NASDAQ: PAYX) reported second quarter 2022 earnings results today.

Total revenue increased 13% year-over-year to $1.1 billion.

GAAP net income increased 22% to $332.1 million, or $0.91 per share. Adjusted net income rose 25% to $329.8 million, or $0.91 per share.

For FY2022, total revenue is expected to grow 10-11% while adjusted EPS is estimated to grow 18-20%.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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