Automatic Data Processing, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021
January 26, 2022 at 06:55 am EST
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Automatic Data Processing, Inc. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was USD 2,561.8 million compared to USD 2,405.2 million a year ago. Revenue was USD 4,025.4 million compared to USD 3,695.7 million a year ago. Net income was USD 694.4 million compared to USD 647.5 million a year ago. Basic earnings per share from continuing operations was USD 1.65 compared to USD 1.51 a year ago. Diluted earnings per share from continuing operations was USD 1.65 compared to USD 1.51 a year ago.
For the six months, sales was USD 5,029.6 million compared to USD 4,674.9 million a year ago. Revenue was USD 7,857.7 million compared to USD 7,166.5 million a year ago. Net income was USD 1,394.9 million compared to USD 1,249.6 million a year ago. Basic earnings per share from continuing operations was USD 3.32 compared to USD 2.92 a year ago. Diluted earnings per share from continuing operations was USD 3.3 compared to USD 2.91 a year ago.
Automatic Data Processing, Inc. is a computing services company organized around 2 areas of activity:
- developing solutions of employment management for small and medium enterprises (66.8% of net sales);
- developing solutions for human resources management (33.2%): audit services, management consultant, development management solutions (of pay, administration of staff, social statements, time and activities, careers and skills), training services, etc.
Net sales are distributed geographically as follows: the United States (88.5%), Europe (7.3%), Canada (2.4%) and other (1.8%).