We're seeing a resilient and stable small business employment market, says Paychex CEO John Gibson

Group 1 - The company has raised its full-year outlook, indicating confidence despite being early in the fiscal year [1][2] - The company reported a 17% revenue growth and beat earnings per share by two cents, with adjusted operating income growth of 15% and industry-leading adjusted margins of 41% [2][3] - The company has raised its earnings per share guidance to a growth of 9% to 11% for the full year and reaffirmed revenue guidance between 16.5% and 18.5% [3][4] Group 2 - The company attributes its strong performance to sustained demand for human capital management and HR outsourcing solutions, alongside a resilient small business employment market [3][4] - The upcoming second and third quarters are expected to be significant selling seasons, contributing to the company's confidence in raising earnings per share [4]