Categories AlphaGraphs, Earnings, Technology
Key highlights from Paychex’s (PAYX) Q1 2024 earnings results
Paychex, Inc. (NASDAQ: PAYX) reported first quarter 2024 earnings results today.
Total revenue increased 7% year-over-year to $1.28 billion.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/09/Paychex-Q1-2024-Earnings-Infographic-648x1024.jpg)
GAAP net income rose 11% to $419.2 million and EPS grew 10% to $1.16. Adjusted EPS increased 11% to $1.14.
The company expects adjusted EPS to grow 9-11% YoY in FY2024.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/06/Paychex-Q4-2023-earnings-infographic-649x1024.jpg)
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