2023-03-29 08:34:49 ET
- Paychex press release ( NASDAQ: PAYX ): Q3 Non-GAAP EPS of $1.29 beats by $0.05 .
- Revenue of $1.38B (+7.8% Y/Y) beats by $30M .
- Shares +3.7% PM.
- FY2023 Outlook : Management Solutions revenue is now anticipated to grow by approximately 8%; Interest on funds held for clients is now expected to be in the range of $100 million to $105 million; Other income is now anticipated to be in the range of $10 million to $15 million; Adjusted diluted earnings per share is now anticipated to grow in the range of 13% to 14%; Other aspects of our guidance for fiscal 2023 remain unchanged from what we provided previously.
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Paychex Non-GAAP EPS of $1.29 beats by $0.05, revenue of $1.38B beats by $30M