Paychex reports Q2 adjusted EPS $1.26, consensus $1.23

Reports Q2 revenue $1.56B, consensus $1.55B. “We delivered solid second quarter results, with revenue increasing 18% and adjusted operating income growing 21% year-over-year,” stated John Gibson, president and CEO. “We are proud of the significant progress we’ve made on key strategic priorities, enabling us to deliver the most comprehensive suite of HCM solutions in the industry. Disciplined cost management and productivity improvements, driven in part by our expanding AI capabilities, are enabling us to operate more efficiently while delivering enhanced value to clients.”