Automatic Data Processing, Inc. (NASDAQ:ADP) Q3 2023 Earnings Call Transcript

Tien-Tsin Huang: No. Hope to learn more soon – talk soon. Thank you.

Operator: Thank you. This concludes our question-and-answer portion for today. I am pleased to hand the program over to Maria Black for closing remarks.

Maria Black: Thank you. So, first and foremost, thank you everybody for joining today. Really appreciate the questions and the interest. As you can imagine, I sit here one quarter into my new role as CEO and I get a lot of questions. Just last night, I got another text that said, how were the first 100 days, how is the first quarter, what have you been up to? And here is what I would offer. The third quarter for ADP, and you heard it in my tone today, you have heard it in my excitement about some of the volumes and the throughput, but the third quarter is really where you see ADP shine. And it is our finest quarter. You have year-end, you have busy season, you have selling season that all kind of come together. In this quarter, what I would say is adding some economic strangeness and questions about what’s happening in the world, and I would say that sitting here one quarter in, I couldn’t be more excited.

I couldn’t be more pleased. I couldn’t be more grateful for the share execution of our associates. So, I felt the breadth and depth of ADP this quarter at its finest. And with that, I just want to take another minute to thank our associates for everything that they do to power this great company. I would also like to thank all of our partners and stakeholders and everyone on the call listening today. I couldn’t be more proud and more excited about this company. And with that, we will wrap up the call.

Operator: This concludes the program. You may now disconnect. Everyone, have a great day.