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ADP Performance Strengthens 

Business for Automatic Data Processing continued to strengthen during the second quarter ended December 31. The payroll services company rteported a 7.2-percent increase in net income on a 9-percent rise in revenue.

“We experienced a record Q2 booking level and like Q1, we were pleased to be ahead of pre-pandemic sales productivity levels.” CEO Carlos Rodriguez said during the recent earnings webcast.

Rodriguez said there was  “double-digit growth in nearly every one of our ES [Employer Services]  businesses” and even-strong performance in the PEO segment.

Net income fir the most recently ended period was $694.4 million, compared to $647.5 million a year earlier. Revenue was slightly more than $4 billion, up from $3.7 billion in last year’s corresponding period.

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