Categories AlphaGraphs, Earnings, Technology
Paychex (PAYX) Q3 2023 Earnings: Key financials and quarterly highlights
Paychex, Inc. (NASDAQ: PAYX) reported its third quarter 2023 earnings results today.
Total revenue increased 8% year-over-year to $1.38 billion.
GAAP net income grew 9% to $467.4 million and EPS rose 8% to $1.29 versus the prior-year quarter. Adjusted EPS rose 12% to $1.29.
Both revenue and earnings beat expectations.
The company expects adjusted EPS to grow 13-14% in FY2023 versus the prior year.
Prior performance
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