Revenue rose 4 percent to $816.8 million in the most recently ended quarter from $785.5 million a year ago.
During this week's earnings webcast, executive said payroll growth stemmed from an increase in pay per check, driven by price increase
Paychex Happy with FY 18 Start
Paychex began fiscal 2018 with what CEO Martin Mucci called a "solid" start. For its first quarter ended August 31, the payroll services company reported net income of $227.8 million, a 5-percent increase from $217.4 million in last year's corresponding period.
