Categories AlphaGraphs, Earnings, Other Industries
Key highlights from Paychex (PAYX) Q3 2022 earnings results
Paychex Inc. (NASDAQ: PAYX) reported third-quarter 2022 earnings results today.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2022/03/Paychex-Inc.Q322-649x1024.jpg)
Total revenue increased 15% year-over-year to $1.27 billion.
GAAP net income increased 23% to $431 million, or $1.19 per share. Adjusted net income rose 20% to $419 million, or $1.15 per share.
For FY2022, total revenue is expected to grow 12-13% while adjusted EPS is estimated to grow 22.5-23%.
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