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ADPs First Quarter 2010

9 hours ago ago from Poetic Portfolios

ADP continues to hold steady in the current economy based on their first quarter earnings report . Revenues compared to the first quarter of 2009 declined 4% to $2.1 billion. ADP notes that net earnings from continuing operations increased 2% while diluted earnings per share from continuing operations increased 4% from $0.54 to $0.56 per share. For the quarter, employer service revenue declined 3%, PEO revenues increased 6%, and dealer ...

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