Paychex, Inc. reported earnings results for the fourth quarter and full year ended May 31, 2022. For the fourth quarter, the company reported revenue was USD 1,144.3 million compared to USD 1,029.2 million a year ago. Net income was USD 296.4 million compared to USD 263 million a year ago. Basic earnings per share from continuing operations was USD 0.82 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 0.82 compared to USD 0.73 a year ago.
For the full year, revenue was USD 4,611.7 million compared to USD 4,056.8 million a year ago. Net income was USD 1,392.8 million compared to USD 1,097.5 million a year ago. Basic earnings per share from continuing operations was USD 3.86 compared to USD 3.05 a year ago. Diluted earnings per share from continuing operations was USD 3.84 compared to USD 3.03 a year ago.