Detail akcie Paychex Inc online

Business Summary: Paychex, Inc. is a provider of human capital management solutions for human resources (HR), payroll, benefits and insurance services for small-to-medium-sized businesses and their employees across the United States and parts of Europe. The Company offers a portfolio of HCM technology and HR advisory solutions that help its clients navigate the challenges of HR. Its clients have the option of doing payroll online using its software as a service (SaaS) technology, outsourcing to its payroll specialists, or using a combination of those solutions. Payroll is integrated with HCM software modules for clients who have more complex HR needs. It also provides comprehensive HR outsourcing through its administrative services organization and PEO solutions. The Company's HCM SaaS platform is Paychex Flex, which provides workforce management throughout the employee life cycle from recruiting and hiring to retirement, including recruiting, onboarding, HR, time and attendance and employee benefits.
Financial Summary: BRIEF: For the nine months ended 29 February 2024, Paychex Inc revenues increased 5% to $3.98B. Net income increased 9% to $1.31B. Revenues reflect Management Solutions segment increase of 4% to $2.94B, PEO & Insurance Services segment increase of 7% to $939M. Net income benefited from Interest income on corporate investments increase from $30.3M to $61.1M (income), Depreciation decrease of 1% to $94.7M (expense).