UPDATE: ADP Posts Upbeat FQ2 Results
February 05, 2014 at 08:27 AM EST
Automatic Data Processing (NASDAQ: ADP ) reported a drop in its fiscal second-quarter profit. ADP's quarterly profit fell to $377 million, or $0.78 per share, from a year-ago profit of $390.9 million, or $0.80 per share. Its total revenue climbed 8.6% to $2.98 billion. However, analysts were expecting earnings of
