Paychex Inc. Q1 adjusted earnings of $0.67 per share

(RTTNews) - Paychex Inc. (PAYX) revealed a profit for its first quarter that advanced from last year.

The company's bottom line came in at $243.6 million, or $0.67 per share. This compares with $210.4 million, or $0.58 per share, in last year's first quarter.

Excluding items, Paychex Inc. reported adjusted earnings of $242.0 million or $0.67 per share for the period.

The company's revenue for the quarter rose 8.8% to $862.8 million from $792.9 million last year.

Paychex Inc. earnings at a glance:

-Earnings (Q1): $242.0 Mln. vs. $205.4 Mln. last year. -EPS (Q1): $0.67 vs. $0.57 last year. -Revenue (Q1): $862.8 Mln vs. $792.9 Mln last year.