MINNEAPOLIS (AP) _ Ceridian HCM Holding Inc. (CDAY) on Wednesday reported first-quarter net income of $8.6 million.

The Minneapolis-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 15 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The provider of human-resources software and services posted revenue of $222.7 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $220.5 million.

Ceridian shares have declined almost 9% since the beginning of the year. The stock has risen 23% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDAY at https://www.zacks.com/ap/CDAY

Automated Insights, source Associated Press News