ADP Crushes Q3, AI-Driven Growth, Record Satisfaction

ADPs Q3 earnings soar with 7% revenue growth, 80 basis points of adjusted EBIT margin expansion, and 10% adjusted EPS growth, surpassing expectations. Employer Services revenue surged 7% reported, driven by strong international new bookings and compliance solutions. Retention reached record highs, and the full-year revenue outlook is raised to 6-7%. ADP is investing in AI to revolutionize human capital management, with tools like ADP Assist and Lyric HCM reducing tax filing penalties and HR action time. Their marketplace features vetted AI partners for responsible tech. Clients and analysts praise ADPs record satisfaction scores, top rankings, and global scale. New guidance boosts adjusted EBIT margins by 70-80 basis points and EPS growth to 10-11%, supported by share buybacks and AI-driven productivity. International bookings shone, and AI service tools will scale to 40% of operations by 2026. ADP is poised for success in the AI-powered future of work. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7ed78e687382e85e