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 ...

TORONTO and MINNEAPOLIS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Ceridian (NYSE:CDAY, TSX:CDAY), a global leader in human capital management (HCM) technology, today announced it has entered into a definitive agreement to acquire eloomi, a leading learning experience platform software provider based in Copenhagen, Denmark, and Orlando, Florida. The acquisition is expected to close in Q1 2024 and will be funded with existing balance sheet cash. "The dynamic learning and development needs of today's boundless workfo ...

TORONTO and MINNEAPOLIS, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Ceridian HCM Holding Inc. (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced today that it will release fourth quarter and full-year 2023 financial results before the open of regular market trading on Wednesday, February 7, 2024. The company will host a live webcast at 8:00 a.m. Eastern Time on February 7, 2024 to discuss the aforementioned financial results. The event can be accessed via direct registrat ...

Table of Contents ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS None. None. Not applicable. ITEM 5. OTHER INFORMATION Insider Adoption or Termination of Trading Arrangements On September 19, 2023, Christopher Armstrong, Executive Vice President, Chief Operating Officer of the Company, adopted a "Rule 10b5-1 trading arrangement" as defined in Regulation S-K Item 408 (the "Armstrong Plan"). The Armstrong Plan provides for the potential sale of up to 143,336 shares of the Company's common ...

Ceridian HCM Holding Inc. (NYSE:CDAY) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Matt Wells - Head, Investor Relations David Ossip - Co-Chief Executive Officer Noemie Heuland - Chief Financial Officer Joe Korngiebel - Chief Product and Technology Officer Steve Holdridge - President, Customer and Revenue Operations Conference Call Participants Mark Marcon - Baird Siti Panigrahi - Mizuho Scott Berg - Needham Steve Enders - Citi Samad Samana - Jefferies Bhavin Shah - Deut ...

Ceridian HCM Holding Inc. (NYSE:CDAY) Q2 2023 Results Conference Call August 2, 2023 5:00 PM ET Company Participants Matthew Wells - Head, IR David Ossip - Chairman, CEO Leagh Turner - Co-CEO Noemie Heuland - CFO Steve Holdridge - President, Customer & Revenue Operations Conference Call Participants Dan Jester - BMO Kevin McVeigh - Credit Suisse Mark Marcon - Baird Matthew Pfau - William Blair Michael Turrin - Wells Fargo Raimo Lenschow - Barclays Robert Simmons - D.A. Davidson Siti Panigrahi - Mizuho Steve ...

FORM 10-Q Commission file number 001-38467 Table of Contents Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 22 Item 1. Legal Proceedings 42 Item 4. Mine Safety Disclosures 42 2 | Q2 2023 Form 10-Q Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy, and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, ris ...

Ceridian HCM Holding Inc. (NYSE:CDAY) Q1 2023 Results Conference Call May 3, 2023 5:00 PM ET Company Participants Matt Wells - Senior Director-Investor Relations David Ossip - Co-Chief Executive Officer Leagh Turner - Co-Chief Executive Officer Noemie Heuland - Chief Financial Officer Joe Korngiebel - Chief Product and Technology Officer Conference Call Participants Siti Panigrahi - Mizuho Mark Marcon - Baird Bhavin Shah - Deutsche Bank Mark Murphy - JPMorgan Jordan Boretz - Jefferies Matthew Pfau - William ...

[PART I. FINANCIAL INFORMATION](index=4&type=section&id=Part%20I.%20Financial%20Information) [ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)](index=4&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements%20%28Unaudited%29) Ceridian HCM Holding Inc.'s unaudited condensed consolidated financial statements for Q1 2023 and 2022 show a shift from net loss to net income and improved operating profit [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) [Condensed Consolidated Statements of Operations](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) [Condensed Consolidated Statements of Comprehensive Income (Loss)](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20%28Loss%29) [Condensed Consolidated Statements of Stockholders' Equity](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders%27%20Equity) [Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Condensed Consolidated Statements of Operations (Three Months Ended March 31) | Metric | 2023 (Millions USD) | 2022 (Millions USD) | | :----------------------------------- | :------------------ | :------------------ | | Total Revenue | $370.6 | $293.3 | | Gross Profit | $160.3 | $103.1 | | Operating Profit (Loss) | $38.4 | $(18.9) | | Net Income (Loss) | $9.9 | $(27.4) | | Basic Net Income (Loss) Per Share | $0.06 | $(0.18) | | Diluted Net Income (Loss) Per Share | $0.06 | $(0.18) | Condensed Consolidated Balance Sheets (As of March 31, 2023 vs. December 31, 2022) | Metric | March 31, 2023 (Millions USD) | December 31, 2022 (Millions USD) | | :----------------------------------- | :---------------------------- | :----------------------------- | | Total Assets | $10,061.5 | $7,917.2 | | Total Liabilities | $7,867.3 | $5,807.8 | | Total Stockholders' Equity | $2,194.2 | $2,109.4 | Condensed Consolidated Statements of Cash Flows (Three Months Ended March 31) | Metric | 2023 (Millions USD) | 2022 (Millions USD) | | :----------------------------------- | :------------------ | :------------------ | | Net Cash Provided by Operating Activities | $11.3 | $5.5 | | Net Cash Used in Investing Activities | $(1.4) | $(184.7) | | Net Cash Provided by Financing Activities | $2,090.8 | $3,883.7 | | Cash, Restricted Cash, and Equivalents at End of Period | $4,697.9 | $5,659.0 | [Notes to Condensed Consolidated Financial Statements (Unaudited)](index=9&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements%20%28Unaudited%29) This section provides detailed notes to the unaudited condensed consolidated financial statements, covering organization, accounting policies, fair value, customer funds, leases, goodwill, debt, employee benefits, share-based compensation, revenue, comprehensive loss, income taxes, commitments, contingencies, and net income per share calculations [Note 1. Organization and Basis of Presentation](index=9&type=section&id=Note%201.%20Organization%20and%20Basis%20of%20Presentation) [Note 2. Summary of Significant Accounting Policies](index=9&type=section&id=Note%202.%20Summary%20of%20Significant%20Accounting%20Policies) [Note 3. Fair Value Measurements](index=10&type=section&id=Note%203.%20Fair%20Value%20Measurements) [Note 4. Customer Funds](index=10&type=section&id=Note%204.%20Customer%20Funds) [Note 5. Leases](index=12&type=section&id=Note%205.%20Leases) [Note 6. Goodwill and Other Intangible Assets, Net](index=13&type=section&id=Note%206.%20Goodwill%20and%20Other%20Intangible%20Assets%2C%20Net) [Note 7. Debt](index=14&type=section&id=Note%207.%20Debt) [Note 8. Employee Benefit Plans](index=16&type=section&id=Note%208.%20Employee%20Benefit%20Plans) [Note 9. Share-Based Compensation](index=16&type=section&id=Note%209.%20Share-Based%20Compensation) [Note 10. Revenue](index=18&type=section&id=Note%2010.%20Revenue) [Note 11. Accumulated Other Comprehensive Loss](index=19&type=section&id=Note%2011.%20Accumulated%20Other%20Comprehensive%20Loss) [Note 12. Income Taxes](index=20&type=section&id=Note%2012.%20Income%20Taxes) [Note 13. Commitments and Contingencies](index=20&type=section&id=Note%2013.%20Commitments%20and%20Contingencies) [Note 14. Net Income (Loss) per Share](index=21&type=section&id=Note%2014.%20Net%20Income%20%28Loss%29%20per%20Share) [ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](index=22&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management's discussion and analysis covers Ceridian's Q1 2023 financial condition and results, including business model, global impacts, key performance, liquidity, and non-GAAP measures [Overview of Business and Solutions](index=22&type=section&id=Overview%20of%20Business%20and%20Solutions) [Business Model and Global Events Impact](index=23&type=section&id=Business%20Model%20and%20Global%20Events%20Impact) [How We Assess Our Performance](index=23&type=section&id=How%20We%20Assess%20Our%20Performance%20%28Key%20Performance%20Measures%29) [Results of Operations](index=25&type=section&id=Results%20of%20Operations%20%28Q1%202023%20vs.%20Q1%202022%29) [Liquidity and Capital Resources](index=28&type=section&id=Liquidity%20and%20Capital%20Resources) [Critical Accounting Policies and Estimates](index=30&type=section&id=Critical%20Accounting%20Policies%20and%20Estimates) [Non-GAAP Financial Measures](index=31&type=section&id=Non-GAAP%20Financial%20Measures) - Ceridian is a global human capital management (HCM) software company, primarily offering Dayforce (flagship Cloud HCM) and Powerpay (Cloud HR and payroll for Canadian small businesses)[80](index=80&type=chunk)[154](index=154&type=chunk)[178](index=178&type=chunk) - The company's business model focuses on rapid growth of Dayforce and maximizing customer lifetime value through a subscription-based PEPM model with high customer retention[178](index=178&type=chunk)[180](index=180&type=chunk) - The U.S. Federal Reserve and Bank of Canada's interest rate increases favorably impacted float revenue but also increased term debt borrowing costs[181](index=181&type=chunk) - Ceridian National Trust Bank commenced operations on January 3, 2023, centralizing regulatory oversight for U.S. payroll trust activities under the OCC and providing bankruptcy-remoteness for client funds[212](index=212&type=chunk) [ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](index=34&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) Ceridian's market risk exposure includes foreign currency, interest rate changes on customer funds and debt, and pension obligations, with specific impacts noted for LIBOR and investment rate shifts [Foreign Currency Risk](index=34&type=section&id=Foreign%20Currency%20Risk) [Interest Rate Risk](index=34&type=section&id=Interest%20Rate%20Risk) [Pension Obligation Risk](index=35&type=section&id=Pension%20Obligation%20Risk) - The company's results are subject to foreign currency fluctuations, particularly the Canadian Dollar, but historically, foreign currency denominated inflows naturally hedge against expenses, limiting material impact[246](index=246&type=chunk) - A **100 basis point increase** in LIBOR rates would increase interest expense on Term Debt and Revolving Credit Facility by approximately **$6 million** over the ensuing twelve-month period[248](index=248&type=chunk) - A **100 basis point increase** in market investment rates would result in approximately **$24 million increase** in float revenue over the ensuing twelve-month period, with no incremental costs of revenue[276](index=276&type=chunk) - The company's U.S. pension plan was frozen in 2007, and the expected rate of return on plan assets for qualified pension benefits in 2023 is **5.20%**[279](index=279&type=chunk) [ITEM 4. CONTROLS AND PROCEDURES](index=35&type=section&id=Item%204.%20Controls%20and%20Procedures) Management evaluated disclosure controls and procedures as effective as of March 31, 2023, with no material changes to internal controls over financial reporting during the quarter [Evaluation of Disclosure Controls and Procedures](index=35&type=section&id=Evaluation%20of%20Disclosure%20Controls%20and%20Procedures) [Changes in Internal Control over Financial Reporting](index=35&type=section&id=Changes%20in%20Internal%20Control%20over%20Financial%20Reporting) - Disclosure controls and procedures were evaluated and deemed effective as of March 31, 2023[251](index=251&type=chunk) - No material changes to internal controls over financial reporting occurred during the three months ended March 31, 2023[252](index=252&type=chunk) [PART II. OTHER INFORMATION](index=36&type=section&id=Part%20II.%20Other%20Information) [ITEM 1. LEGAL PROCEEDINGS](index=36&type=section&id=Item%201.%20Legal%20Proceedings) Ceridian is involved in various legal proceedings, none expected to materially impact financial position, with a claim by Bluemoon Capital Ltd. anticipated to be discontinued - The company is subject to various legal proceedings, but management believes their final disposition will not have a material adverse effect on financial position or operations[149](index=149&type=chunk)[290](index=290&type=chunk) - A claim by Bluemoon Capital Ltd. in the Superior Court of Justice of Ontario, Canada, is expected to be discontinued on a without costs basis[290](index=290&type=chunk) [ITEM 1A. RISK FACTORS](index=36&type=section&id=Item%201A.%20Risk%20Factors) This section refers to risk factors from the 2022 Annual Report on Form 10-K, noting no material changes from previously disclosed risks - No material changes in risk factors from those disclosed in the Annual Report on Form 10-K for the fiscal year ended December 31, 2022[291](index=291&type=chunk) [ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS](index=36&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) There were no unregistered sales of equity securities or use of proceeds to report for the period [ITEM 3. DEFAULTS UPON SENIOR SECURITIES](index=36&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) There were no defaults upon senior securities to report for the period [ITEM 4. MINE SAFETY DISCLOSURES](index=36&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company's operations [ITEM 5. OTHER INFORMATION](index=36&type=section&id=Item%205.%20Other%20Information) There is no other information to report for the period [ITEM 6. EXHIBITS](index=37&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed, including organizational documents, debt instruments, employment agreements, equity incentive plans, and certifications - The exhibits include the Fourth Amended and Restated Certificate of Incorporation, Third Amended and Restated Bylaws, Indenture for Convertible Senior Notes, and various forms of stock unit award agreements[284](index=284&type=chunk) - Certifications from Co-Principal Executive Officers and Principal Financial Officer pursuant to the Securities Exchange Act of 1934 and Sarbanes-Oxley Act of 2002 are filed[284](index=284&type=chunk)[286](index=286&type=chunk) [SIGNATURES](index=40&type=section&id=Signatures)