Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Paychex Leader Says Fiscal Year Ends With "Strong Finish"

Paychex is reporting fiscal fourth quarter numbers that saw earnings in line with expectations, and revenues slightly ahead of estimates.

The Rochester-based payroll processing company earned $161 million for the quarter, up 10 percent from last year at this time. Revenue overall was up 8 percent.

CEO Marty Mucci says the company is "pleased with our strong finish to fiscal 2015." He says strong demand for human resource services helped drive growth.

Mucci says services that Paychex provides that help clients navigate the complexities of health care reform also helped push revenues.

Randy Gorbman is WXXI's director of news and public affairs. Randy manages the day-to-day operations of WXXI News on radio, television, and online.