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Paychex Fourth Quarter and Full Fiscal Year 2019 Highlights

June 26, 2019

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

Director, Corporate Communications
585-383-3074

Laura Saxby Lynch

As director of corporate communications for Paychex, Laura Saxby Lynch leads a six-member team responsible for external communications, including media and public relations programs, as well as employee communications. Among her other responsibilities, Laura is a lead communicator in companywide initiatives, crisis and issues management, and community relations. She joined Paychex in January 2001 as the company’s first public relations manager after serving as the communications executive for a large non-profit and, prior to that, working as a television journalist. Laura is a graduate of St. Bonaventure University.