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Paychex CEO: This was a very strong quarter and we continue to gain momentum

In an interview on CNBC’s Mad Money, John Gibson said Paychex’s (PAYX) organic growth and bookings continued to accelerate in Q3. Cash flow is up 27% year to date. “We’re fully deploying agentic AI across the business,” he noted. Gibson is seeing no signs of any recession. The “low fire, low hire” mode continues to be in effect, he added.

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