Paychex, inc. reports first quarter results: revenue grew 16% and diluted earnings per share grew 56%; company raises business outlook for the year

Rochester, n.y.--(business wire)--paychex, inc. (the “company,” “paychex,” “we,” “our,” or “us”) today announced the following results for the quarter ended august 31, 2021 (the “first quarter”), as compared to the corresponding prior-year period:     for the three months ended           august 31,       in millions, except per share amounts   2021   2020   change(2) total service revenue   $ 1,068.4   $ 917.3   16 % total revenue   $ 1,082.9   $ 932.2   16 % operating income   $ 442.9   $ 284.
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