Buoyed by double-digit revenue increases in its payroll, market services and human resources units, Paychex Inc. reported a 31 percent rise in first-quarter profits, to $115 million, versus the first quarter of one year ago.
Systemwide revenues for the payroll and benefits outsourcing provider, headquartered here, rose 17 percent to $403.7 million, compared with the year-ago results.
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