Paychex, Inc. Reports Strong Third Quarter Results:

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[{"type":"text","content":"\n- Revenue Climbs 15%\n- Diluted Earnings Per Share Increases 23%\n- Full Year Guidance Adjusted Upward\n\n ROCHESTER, N.Y.--(BUSINESS WIRE)--\nPaychex, Inc. (the “Company,” “Paychex,” “we,” “our,” or “us”) today announced the following results for the quarter ended February 28, 2022 (the “third quarter”), as compared to the corresponding prior year period:\n\n\n\n \n\n\n\n \n\n\n\nFor the three months ended\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\nFor the nine months ended\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nFebruary 28,\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\nFebruary 28,\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nIn millions, except per share amounts\n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\nChange(2)\n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\nChange(2)\n\n\n\n\n\nTotal service revenue\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1,261.6\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1,096.6\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n15\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n3,424.4\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n2,982.8\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n15\n\n\n\n \n\n\n\n%\n\n\n\n\n\nTotal revenue\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1,276.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1,111.7\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n15\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n3,467.4\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n3,027.6\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n15\n\n\n\n \n\n\n\n%\n\n\n\n\n\nOperating income\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n562.8\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n468.6\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n20\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1,446.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1,106.9\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n31\n\n\n\n \n\n\n\n%\n\n\n\n\n\nDiluted earnings per share\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1.19\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n0.97\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n23\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n3.02\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n2.31\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n31\n\n\n\n \n\n\n\n%\n\n\n\n\n\nAdjusted diluted earnings per share(1)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1.15\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n0.96\n\n\n\n \n\n\n...

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