Paychex Earnings: Mixed Results, Tech Investments

Paychexs Q2 earnings show mixed results; while adjusted earnings growth forecast was raised, expenses surged due to tech investments and Paycor integration, leading to a share drop. Despite competition and smaller deal sizes, Paychex Flex enhancements and better-than-expected profitability offer some optimism.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.