 Paychex Inc. NASDAQ:PAYX Q1 2023 Earnings Conference Call September 28, 2022 9:30 AM ET Company Participants Martin Mucci - Chairman, Chief Executive Officer John Gibson - President, Chief Operating Officer Efrain Rivera - Senior Vice President, Chief Financial Officer Conference Call Participants Bryan Bergin - Cowen Jason Kupferberg - Bank of America Andrew Nicholas - William Blair Ramsey El-Assal - Barclays Eugene Simuni - MoffettNathanson Bryan Keane - Deutsche Bank Kevin McVeigh - Credit Suisse Jordan Bret - Jefferies James Faucette - Morgan Stanley Tien-Tsin Huang - JP Morgan Mark Marcon - Baird Unknown Analyst - Northcoast Research Scott Wurtzel - Wolfe Research Operator Good day everyone and welcome to the Paychex first quarter FY23 earnings conference call. At this time, all participants are in a listen-only mode. 