Categories AlphaGraphs, Earnings, Technology
ADP Earnings: Highlights of Automatic Data Processing’s Q3 2023 results
Automatic Data Processing, Inc. (NASDAQ: ADP) reported a sharp increase in adjusted earnings for the third quarter of 2023, aided by a 9% growth in revenues. The technology company also provided guidance for fiscal 2023.
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.
Most Popular
Earnings Preview: Costco (COST) looks poised to end fiscal 2024 on a high note
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, will unveil its fourth-quarter results on the evening of September 26. It has a good track record of
Key takeaways from General Mills’ (GIS) Q1 2025 earnings report
Shares of General Mills, Inc. (NYSE: GIS) gained over 1% on Wednesday after the company’s announcement of its first quarter 2025 earnings results. Revenue came in line with estimates while
GIS Earnings: All you need to know about General Mills’ Q1 2025 earnings results
General Mills, Inc. (NYSE: GIS) reported its first quarter 2025 earnings results today. Net sales decreased 1% year-over-year to $4.8 billion. Organic sales were down 1%. Net earnings attributable to
