Paychex, Inc. (PAYX) delivered strong results in the fourth quarter of fiscal 2024, backed by an increase in product penetration, a rise in Professional Employer Organization (PEO) insurance revenues and higher average interest rates. Management Solutions segment's revenues were $930.3 million, which gained 3% year over year. This compares favorably with our estimate of $930.2 million, indicating 2.8% growth from the year-ago quarter. The rise in this segment's revenues was driven by an uptick in the number ...