ADP bares 2017 consolidated financial results
Carlos Rodriguez, president and chief executive officer of ADP (Automatic Data Processing Inc.), announced that the company is making continuous progress as reflected on its third quarter fiscal 2017 financial results. The said report showed that ADP posted increase in revenues at 5% to USD3.4bn. Earnings from continuing operations before income tax increased to USD828m, or 4%, despite 2 percentage points of combined pressure from the disposition of the CHSA and COBRA businesses and acquisitions completed during the fiscal year. Rodriguez also underscored that ADP remains committed to simplifying its organization and continuously improving the client experience with an enhanced service model and innovative solutions.