ROSELAND, N.J. (AP) — Automatic Data Processing Inc.'s fiscal third-quarter net income rose 7 percent, buoyed by a slight rise in the number of workers on clients' payrolls.
The quarterly performance of the world's biggest payroll processor topped analysts' estimates, and the company raised the low end of its forecasts for 2013 earnings and revenue.
ADP earned $482.7 million, or 99 cents per share, for the period ended March 31. A year earlier, the Roseland, N.J., company earned $452.4 million, or 92 cents per share.
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