Paychex is a leading provider of payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses
The company specializes in delivering comprehensive services that include payroll processing, tax administration, employee benefits management, and human resource consulting. With a focus on simplifying administrative tasks and ensuring compliance with regulations, Paychex empowers businesses to streamline their operations, enhance employee engagement, and improve overall efficiency. Through innovative technology and personalized support, Paychex aims to be a trusted partner for businesses navigating the complexities of workforce management.
Shares of payroll and human resources software provider, Paychex (NASDAQ:PAYX)
jumped 6.2% in the morning session after the company reported decent first quarter (fiscal Q3 2025) earnings. There weren't many resounding positives in these results. Both revenue and EBITDA were roughly in line with expectations. However, free cash flow improved significantly.
U.S. stocks decline on renewed tariff concerns, technology shares lead selloff while blue-chip stocks are more resilient. VIX jumps 8%, dollar and Treasury yields remain flat.
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has been recognized on Fortune® magazine’s list of America’s Most Innovative Companies for the third consecutive year. Paychex was honored for its commitment to industry-leading HR solutions while fostering a culture of innovation.
Paychex saw a 5% revenue growth in Q3 FY25, reaching nearly $1.51 billion. Adjusted EPS of $1.49 exceeded estimates. The company also reported growth in Management Solutions and PEO/Insurance Solutions revenues, while expenses increased due to acquisition costs.
Payroll and human resources software provider, Paychex (NASDAQ:PAYX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 4.8% year on year to $1.51 billion. Its non-GAAP profit of $1.49 per share was 0.7% above analysts’ consensus estimates.
Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarter ended February 28, 2025 (the "third quarter"). Results compared with the same period last year were as follows:
According to a new study from Paychex, Inc., an industry-leading human capital management (HCM) company delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll, small businesses across the U.S. are embracing artificial intelligence (AI) as a powerful tool to enhance efficiency, revenue, and workforce development. While concerns about data accuracy, security, and privacy persist, survey responses from 500+ business owners and 500+ HR leaders found that the business impact of AI is undeniable – 72% of small businesses have a positive outlook on the technology.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Paychex (NASDAQ:PAYX) and the rest of the HR software stocks fared in Q4.
Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2025 third quarter ended February 28, 2025 via Business Wire before the financial markets open on Wednesday, March 26, 2025.
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll has once again been named one of the World’s Most Ethical Companies® by Ethisphere. This marks the 17th time Paychex has been recognized since the annual program began in 2007.
According to the Paychex Small Business Employment Watch, the Small Business Jobs Index, which measures employment growth among U.S. businesses with fewer than 50 employees, was 100.04 to indicate moderate job growth. Meanwhile, hourly earnings growth for small business workers remained below three percent (2.92%) for the fourth-straight month.
