Paychex said that for the 3 months ended February 28, 2025, total revenue was $1,509.0 million, an increase of 5%, operating income was $691.8 million, an increase of 6%, and diluted earnings per share was $1.43, an increase of 4%.

1. 01

   Paychex said that for the 3 months ended February 28, 2025, total revenue was $1,509.0 million, an increase of 5%, operating income was $691.8 million, an increase of 6%, and diluted earnings per share was $1.43, an increase of 4%.

2. 02

   The company said adjusted operating income, excluding $16.7 million in acquisition-related costs for Q3 (primarily third-party professional service fees included in selling, general and administrative expenses), was $708.5 million, up 9%, and adjusted operating margin was 46.9% compared with 45.1% in the prior year period.

3. 03

   Paychex entered into a definitive agreement to acquire Paycor on January 7, 2025, and the company said the acquisition is expected to close in April 2025, subject to other customary closing conditions.

4. 04

   The company said cash flow from operations for the 9 months ended February 28, 2025 was $1.6 billion, it paid cumulative dividends of $2.94 per share totaling $1.1 billion, and it repurchased 828,855 shares for $104.0 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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