Reported 27 days ago
ADP has raised its fiscal 2025 revenue growth forecast to between 6% and 7% following its $1.2 billion acquisition of WorkForce Software. The company reported strong first-quarter earnings of $4.83 billion, exceeding expectations, driven by healthy labor market conditions and decreased layoffs. ADP's CFO noted the positive impacts from new business bookings and client revenue retention.
Source: YAHOO