ADP lifts annual revenue forecast on demand for payroll services

Core Insights - Automatic Data Processing (ADP) raised its annual revenue forecast and exceeded quarterly profit estimates due to consistent demand for its payroll and human resources services [1] Company Performance - ADP's quarterly profit surpassed expectations, indicating strong operational performance [1] - The company benefited from steady demand in its core service areas, which contributed to the positive financial results [1] Revenue Forecast - ADP lifted its annual revenue forecast, reflecting confidence in continued growth and market demand [1]