ROCHESTER, N.Y. (AP) _ Paychex Inc. (PAYX) on Wednesday reported fiscal second-quarter net income of $332.1 million.

On a per-share basis, the Rochester, New York-based company said it had net income of 91 cents.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The payroll processor and human-resources services provider posted revenue of $1.11 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $1.06 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAYX at https://www.zacks.com/ap/PAYX

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