Financial PerformanceADP delivered another strong quarter, marked by +7% Employer Services organic growth and increase to the FY25 revenue guide, helped by better outlooks for both ES and PEO.
Growth OpportunitiesADP believes its recent Workforce Software acquisition can help boost ARPU overseas, where ADP enjoys a competitive advantage of being able to pay employees in 141 countries.
Strategic AdvantageADP's partner distribution channels (i.e., CPAs, banks) are highlighted as an engine of growth, particularly in the mid and down markets.