Paychex, Inc. Reports Fourth Quarter and Fiscal 2014 Results

Total service revenue increased 6% for the fourth quarter; 6% for the full fiscal year 2014.

Payroll service revenue increased 3% for the fourth quarter; 4% for fiscal 2014.

Human Resource Services revenue increased 10% for the fourth quarter; 12% for fiscal 2014.

Total revenue increased 5% for the fourth quarter; 6% for fiscal 2014.

Operating income increased 8% for the fourth quarter; 9% for fiscal 2014.

Net income and diluted earnings per share both increased 18% for the fourth quarter; 10% for fiscal 2014.