Paychex, headquartered in Rochester, New York, offers human capital management solutions for small and medium-sized businesses, employing 16,500 people and providing services through its Paychex Flex platform. Their solutions include payroll, HR, insurance, and retirement options, utilizing SaaS technology and comprehensive outsourcing.
PAYX has been in the news recently: Paychex CEO John Gibson anticipates moderate growth in small businesses and emphasizes the need for clear policy support for entrepreneurs, even as the company's shares fell by 9.4%. The company faces challenges in achieving its 3% organic revenue growth for the fiscal fourth quarter, which is below the 5% growth guidance set for fiscal 2026.
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