Shares of Paychex Inc. (PAYX) dropped 2% in premarket trading on Thursday, despite the company surpassing profit expectations for the fiscal second quarter. While their net income increased to $392.7 million ($1.08 per share) compared to $360.3 million (99 cents per share) in the same period last year, the company's revenue fell slightly short due to cost and labor market … [Read more...] about Paychex Inc. Beats Profit Expectations in Q2
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