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Paychex sees FY25 ‘PEO and Insurance Solutions’ revenue to grow 6%-6.5%

Paychex sees FY25 ‘PEO and Insurance Solutions’ revenue to grow  6%-6.5%

“Our business outlook for the fiscal year ending May 31 or “fiscal 2025″ incorporates current assumptions and market conditions and excludes any impact from the pending Paycor acquisition. Changes in the macroeconomic environment could alter our guidance. With consideration of these impacts, we have updated our business outlook as follows: PEO and Insurance Solutions revenue is now anticipated to grow in the range of 6.0% to 6.5%. Adjusted operating margin is now anticipated to be approximately 43%. Other aspects of our guidance for fiscal 2025 remain unchanged from what we provided previously,” the company noted in its Q3 release…

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