Features

ADP reports first quarter revenue increase

Automatic Data Processing (ADP) reported a 13.5 percent revenue growth to $2 billion for the first quarter, which ended Sept. 30, ADP’s press release stated.

Revenue growth benefited about 1 percent from foreign exchange rates during the quarter. Pretax and net earnings from continuing operations grew approximately 9 percent and 10 percent.

ADP CEO and President Gary Butler says the company is happy with the results since they were higher than its expectations.

“I am particularly pleased to anticipate delivering fiscal 2008 earnings per share growth at the high end of our forecast,” he said.

  • To return to the current issue, click here.
  • For more of the latest news, click here.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
EPG Brand Acceleration
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.