MINNEAPOLIS, Minn. and TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, will host customers, partners, and industry visionaries for the new Dayforce Discover annual customer conference, to be held on November 11-14 at the Wynn Las Vegas. Registration is open for the in-person experience as well as the live stream of the conference's mainstage keynotes. Centered around the company's brand promise to ma ...

MINNEAPOLIS and TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE:DAY) (TSX:DAY), a global human capital management (HCM) leader that makes work life better, today announced the date for the release of its third quarter 2024 earnings and its participation in upcoming investor conferences. Third Quarter 2024 Earnings Date Dayforce will release third quarter 2024 financial results before the open of regular market trading on Wednesday, October 30, 2024. The company will host a live webcast and c ...

Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q ("Form 10-Q") contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act") and that are subject to the safe harbor created by those sections. Forward-looking statements include, ...

davforce Dayforce® recurring revenue of $321.6 million, up 20% Minneapolis, MN and Toronto, ON, July 31, 2024 - Dayforce, Inc. ("Dayforce" or the "Company") (NYSE:DAY) (TSX:DAY), a global leader in human capital management ("HCM") technology, today announced its financial results for the second quarter ended June 30, 2024. Financial Highlights for the Second Quarter 2024 1 • Cloud recurring gross margin was 77.7%, compared to 76.7%. Adjusted cloud recurring gross margin was 78.8%, compared to 78.1%. • Adjus ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly reporting period ended March 31, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-38467 Dayforce, Inc. (Exact name of registrant as specified in its charter) Delaware 46-3231686 (State or Other Jurisdiction of Inco ...

Dayforce Platform Performance - Dayforce platform had 6,575 live customers as of March 31, 2024, a 6.4% year-over-year increase from March 31, 2023[1] - Dayforce recurring revenue reached $337.2 million, up 24.3% year-over-year, with $282.4 million excluding float revenue, up 23.0%[13] - Dayforce recurring revenue per customer was $150,362 for the trailing twelve months ended March 31, 2024, a 19.2% increase[15] - Dayforce Wallet had over 1,960 customers signed on, with more than 1,200 live customers as of March 31, 2024, and an average registration rate above 65%[18] - Dayforce Co-Pilot, an AI-enhanced feature, was introduced to boost recruiter productivity and improve employee access to company FAQs[6] - Dayforce completed 160+ global compliance updates to enhance year-end requirements, reporting functionalities, and tax rates[6] - Dayforce recurring revenue increased by 24.3% to $337.2 million, with Dayforce float revenue growing by 31.7% to $54.8 million[43] - The average float balance for Dayforce's customer funds during the quarter was $5.56 billion, with an average yield of 4.4%, generating $60.7 million in float revenue[61] Financial Performance - Operating profit was $40.7 million, or 9.4% of total revenue, compared to $38.4 million, or 10.4% of total revenue in the previous year[14] - Total revenue increased by 16.4% to $431.5 million, with recurring revenue contributing $382.7 million[43] - Total revenue for Q1 2024 was $431.5 million, a 16.4% increase year-over-year, or 16.5% on a constant currency basis[59] - Total revenue of $431.5 million, up 16.4%[91] - Net income decreased to $7.1 million in Q1 2024 from $9.9 million in Q1 2023, reflecting higher operating expenses[39] - Net income was $7.1 million, compared to $9.9 million[93] - Adjusted net income was $68.0 million, compared to $49.3 million[93] - Adjusted diluted net income per share was $0.31, compared to $0.06 on a GAAP basis[46] - Adjusted diluted net income per share was $0.43, compared to $0.31 in the previous year[57] Cash Flow and Investments - Cash flows from operating activities were $9.1 million, down from $11.3 million in the prior year period[39] - Net cash provided by operating activities was $9.1 million, compared to $11.3 million in the previous year[60] - Net cash used in investing activities was $290.7 million, primarily due to acquisitions and marketable securities purchases[39] - Dayforce's cash, restricted cash, and equivalents stood at $4,899.2 million at the end of Q1 2024, compared to $5,341.4 million in Q1 2023[39] Guidance and Projections - Dayforce issued Q2 2024 guidance with total revenue expected to be $414 million to $419 million, a 13% to 15% increase year-over-year[20] - Full-year 2024 guidance projects total revenue of $1,730 million to $1,740 million, a 14% to 15% increase year-over-year[20] Adjusted Metrics and Margins - Adjusted EBITDA for Q1 2024 was $105.4 million, representing a 28.4% margin[46] - Adjusted EBITDA for Q1 2024 was $129.9 million, representing a 30.1% margin[77] - Adjusted EBITDA was $129.9 million, compared to $105.4 million[90] - Cloud recurring gross margin was 79.0%, compared to 77.3%[92] - Adjusted cloud recurring gross margin was 80.0%, compared to 78.7%[92] - Operating profit of $40.7 million[90] - Adjusted operating profit of $109.1 million[90] Total Assets and Revenue Growth - Total assets increased to $10,775.2 million as of March 31, 2024, compared to $9,010.9 million as of December 31, 2023[11] - Total Cloud recurring revenue grew by 23.0% to $363.2 million, driven by strong performance in Dayforce and Powerpay segments[43] - Cloud recurring revenue was $382.7 million, up from $317.9 million in the previous year[81] Share-Based Compensation - Share-based compensation expense was $38.0 million, slightly lower than the $40.2 million recorded in Q1 2023[39] Corporate Developments - The company acquired eloomi A/S, a learning experience platform software provider[75] - Dayforce changed its legal name and brand from Ceridian HCM Holding Inc. to Dayforce, Inc., and its ticker symbol to "DAY"[75] - The company released its 2024 ESG Report, detailing its sustainability strategy across five pillars[75]

None. None. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Dayforce, Inc. (Exact name of Registrant as specified in its Charter) The following shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or incorporated by reference into any of our other filings under the Exchange Act or the Securities Act, except to the extent we specifically incorporate it by reference into such filing. The following graph compares the cumulative total shareholder returns on our com ...

Ceridian HCM (CDAY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 7, 2024, might help the stock move higher if these key numbers are better th ...

ibreakstock/iStock via Getty Images On February 1, 2024, Ceridian HCM Holding Inc. (NYSE:CDAY) will change its ticker symbol to DAY as part of its branding change. The other piece of the rebranding is a name change to Dayforce, which is also the name of its flagship human capital management software. Whatever the name and symbol, the company is a rebound story, recovering from a deep hit to its profitability. The financial impact of COVID-19 pushed down its net income and earnings per share, but the company ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Ceridian HCM (CDAY) , which belongs to the Zacks Internet - Software industry, could be a great candidate to consider.When looking at the last two reports, this provider of human-resources software and services has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 18.97%, on average, in the last two quarters ...