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Paychex, Inc. Reports Second Quarter Fiscal 2020 Results

December 18, 2019

Rochester, N.Y. — Paychex, Inc. today announced total revenue of $990.7 million for the three months ended November 30, 2019, an increase of 15% from $858.9 million for the same period last year. Oasis Outsourcing Group Holdings, L.P., acquired in December 2018, contributed approximately 9% to the growth in total revenue compared to the same period last year. Net income increased 10% to $258.7 million, and diluted earnings per share increased 11% to $0.72 per share for the second quarter. Adjusted net income and adjusted diluted earnings per share, both non-GAAP measures, each increased 8% to $253.8 million and $0.70 per share, respectively, for the second quarter.

View the full news release.

Laura Saxby Lynch
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.

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