Paychex, Inc. (NASDAQ: PAYX) released their fiscal Q2 earnings report, showing a notable growth in total revenue with a year-over-year increase of 18% to reach $1.557 billion. The company demonstrated an increase in adjusted diluted earnings per share from $1.14 to $1.26, whereas GAAP diluted earnings per share slightly dropped to $1.10 compared to last year's $1.14. The adjusted EPS exceeded expectations by 3 cents; however, sales fell short by $10 million. The CEO highlighted the progress made in key strategic objectives, leading to the provision of a comprehensive suite of HCM solutions in the industry. For more details, the complete article can be found on Benzinga.com.