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Paychex, Inc. (PAYX) CEO Martin Mucci On Q3 2021 Results - Earnings Call Transcript

Apr. 06, 2021 11:44 PM ETPaychex, Inc. (PAYX)
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Paychex, Inc. (NASDAQ:PAYX) Q3 2021 Earnings Conference Call April 6, 2021 9:30 AM ET

Company Participants

Martin Mucci - President and Chief Executive Officer

Efrain Rivera - Senior Vice President, Chief Financial Officer, and Treasurer

Conference Call Participants

David Togut - Evercore ISI

Ramsey El-Assal - Barclays Capital

Kevin McVeigh - Credit Suisse

Bryan Bergin - Cowen and Company

Andrew Nicholas - William Blair

Mihir Bhatia - Bank of America Merrill Lynch

Jeffrey Silber - BMO Capital Markets

Kartik Mehta - Northcoast Research

Eugene Simuni - MoffettNathanson LLC

Peter Christiansen - Citigroup

Samad Samana - Jefferies

Tien-tsin Huang - J.P. Morgan

Mark Marcon - Robert W. Baird

David Grossman - Stifel Financial Corp.

James Faucette - Morgan Stanley


Good day and thank you for standing by. Welcome to the Paychex Third Quarter Fiscal Year 2021 Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Martin Mucci. Please go ahead.

Martin Mucci

Thank you. And thank you for joining us for our discussion of the Paychex third quarter fiscal '21 earnings release. Joining me today is Efrain Rivera, our Chief Financial Officer. And this morning, before the market opened, we released our financial results for the third quarter ended February 28, 2021. You can access our earnings release on our Investor Relations website, and our Form 10-Q will be filed with the SEC within the next few days.

This teleconference is being broadcast over the Internet, will be archived and available on our website for about 90 days.

I will start today's call with an update on the business highlights for

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