By MarketBeat. Originally published at ValueWalk. Paychex (NASDAQ:PAYX) is an American provider of human resources, payroll, and outsourcing services for small and medium-sized businesses. The company is based out of Rochester, New York, and has payroll clients across North America and Europe. Services revenue increased by 11% for the year to $1129 billion. Net income grew by 11% to $394 million.
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