Rochester, N.Y. - Paychex, Inc. today announced its results of operations for the three months ended May 31, 2019, as well as the fiscal year ended May 31, 2019. Total revenue increased 16% for the fourth quarter to $980.4 million. For the fiscal year, total revenue increased 12% to $3.8 billion. Excluding the acquisition of Oasis Outsourcing Group Holdings, L.P., completed during December 2018, total revenue increased 5% and 7% for the fourth quarter and fiscal 2019, respectively. For the fourth quarter, net income and diluted earnings per share increased 6% to $230.4 million and 7% to $0.64 per share, respectively. For the fiscal year, net income and diluted earnings per share each increased 4% to $1.0 billion and $2.86 per share, respectively. View the full news release

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Paychex Inc. published this content on 26 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 June 2019 13:16:05 UTC