ADP (ADP) Tops Q2 EPS by 6c
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ADP Reports Second Quarter Fiscal 2017 Results
February 1, 2017 7:00 AM ESTRevenues increased 6% to $3.0 billion for the quarter, 7% on a constant dollar basisDiluted earnings per share from continuing operations increased 53% to $1.13; adjusted diluted earnings per share from continuing operations increased 20% to $0.87, 19% on a constant dollar basisOn November 28, 2016, ADP completed the sale of its Consumer Health Spending Account (CHSA) and Consolidated Omnibus Reconciliation Act (COBRA) businesses for a pre-tax gain of $205 millionADP acquired 4.6 million shares of its stock for treasury at a cost of $422 million in the quarter
ROSELAND, N.J., Feb. 01, 2017 (GLOBE NEWSWIRE) -- ADP® (Nasdaq: ADP), a leading global... More
