Third-quarter net income was $1.04 billion or $2.51 per share, compared to $928.5 million or $2.21 per share in the same period of last year. Adjusted earnings moved up 14% year-over-year to $2.52 per share.
Third-quarter revenues rose 9% annually to $4.93 billion, lifting the bottom line. The management continues to expect full-year revenue to grow between 8% and 9%.
“Our innovative HCM solutions continue to meet and exceed the expectations of our clients and prospects, and we are proud to provide the trusted expertise they need to navigate the changing environment,” said ADP’s CEO Maria Black.
