Automatic Data Processing, Inc. (ADP) Presents at J.P. Morgan Ultimate Services Investor Conference (Transcript)

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Automatic Data Processing Inc (NASDAQ:ADP) J.P. Morgan Ultimate Services Investor Conference November 19, 2020 4:05 PM ET

Company Participants

Danyal Hussain - Vice President of Investor Relations

Conference Call Participants

Tien-Tsin Huang - JP Morgan

Tien-Tsin Huang

Alright. Good afternoon, everybody. Thanks for sticking with us. This is Tien-Tsin Huang. I cover the payments, processors and IT services sector at JPMorgan, and really pleased to have with us ADP back at the event. With us from ADP, we have got Danyal Hussain, who many of you know, does a great job at Investor Relations at ADP and always enjoy chatting with Danny he is always super helpful.

So what we wanted to do was just go through a list of questions in a fireside chat format if that is alright, Danny, and then we will take some questions from the audience to the extent that we have any. See some already. Just hit the Ask a Question section at the website, and I will do my best to hit those. But again, a lot of these questions. Hopefully, we will address the questions on the top of everyone's minds.

So Danny, thanks for being here again.

Danyal Hussain

Yes. Thanks for having me, Tien-Tsin. Happy to be here.

Tien-Tsin Huang

And it is good to see you. So we will spend about 20, 30 minutes, if that is all right. So let's dig right into the quarter. I know it is not that far away. It was clearly a big upside surprise, both to our expectations, and I would say your expectations as well, given what you guided. You want to call out for us maybe the top two or three areas that drove the outperformance and then what might be sustainable or not?

Danyal Hussain

Yes. Happy to, Tien-Tsin. You are not

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