Paychex Non-GAAP EPS of $0.97 in-line, revenue of $1.23B beats by $10M
Paychex press release (NASDAQ:PAYX): Q4 Non-GAAP EPS of $0.97 in-line.
Revenue of $1.23B (+7.9% Y/Y)  beats by $10M.
FY24 outlook:
Management Solutions revenue is anticipated to grow in the range of 5% to 6%;
PEO and Insurance Solutions revenue is anticipated to grow in the range of 6% to 9%;

Interest on funds held for clients is expected to be in the range of $135 million to $145 million;
Total revenue is anticipated to grow in the range of 6% to 7%;
Operating margin is anticipated to be in the range of 41% to 42%
Other income, net is anticipated to be in the range of $30 million to $35 million;
The effective income tax rate for fiscal 2024 is anticipated to be in the range of 24% to 25%; and
Adjusted diluted earnings per share is anticipated to grow in the range of 9% to 10%.