Paychex, Inc. Reports Fourth Quarter and Fiscal 2018 Results
Fourth Quarter and Full Year Fiscal 2018 Highlights
Rochester, N.Y. — Paychex, Inc. today announced its results of operations for the three months ended May 31, 2018, as well as the full fiscal year ended May 31, 2018. Total revenue increased 9% for the fourth quarter to $871.1 million. For the fiscal year, total revenue increased 7% to $3.4 billion. Net income and diluted earnings per share both increased 17% for the fourth quarter to $228.5 million and $0.63 per share, respectively. For the fiscal year, net income and diluted earnings per share increased 14% to $933.7 million and 15% to $2.58 per share, respectively. View the full news release.