Financial Performance - Total revenue for Q3 2024 was $440.0 million, representing a 16.6% increase from $377.5 million in Q3 2023[101] - Cloud recurring revenue increased to $357.6 million, up 17.8% from $303.6 million in the same period last year[101] - Total recurring revenue reached $375.9 million, a 15.5% increase compared to $325.4 million in Q3 2023[101] - Professional services and other revenue grew by 23.0% to $64.1 million from $52.1 million year-over-year[101] - Gross profit for Q3 2024 was $201.3 million, reflecting a 25.4% increase from $160.5 million in Q3 2023[101] - Net income for Q3 2024 was $2.0 million, a significant improvement from a net loss of $3.8 million in Q3 2023, marking a 152.6% increase[101] - Total revenue increased by $62.5 million, or 16.6%, to $440.0 million for the three months ended September 30, 2024, compared to $377.5 million for the same period in 2023[103] - Total revenue increased by $180.8 million, or 16.2%, to $1,294.8 million for the nine months ended September 30, 2024, compared to $1,114.0 million for the same period in 2023[121] - Net income was $7.3 million for the nine months ended September 30, 2024, compared to $9.2 million for the same period in 2023[137] Customer Metrics - The number of live Dayforce customers increased by 6.1% to 6,730 at September 30, 2024, from 6,346 at September 30, 2023[103] - Dayforce recurring revenue per customer grew to $159,496 for the trailing twelve months ended September 30, 2024, compared to $138,838 for the comparable period in 2023[103] - The company estimates it takes approximately two years to recover implementation and customer acquisition costs for new Dayforce customer contracts[94] - Dayforce recurring revenue per customer is monitored quarterly, reflecting the average size of the customer base and potential for future revenue growth[98] Expenses and Costs - Total cost of revenue for the three months ended September 30, 2024, was $238.7 million, an increase of $21.7 million, or 10.0%, compared to the same period in 2023[105] - Selling and marketing expense increased by $24.6 million, or 39.8%, for the three months ended September 30, 2024, compared to the same period in 2023[112] - General and administrative expense increased by $21.9 million, or 30.3%, for the three months ended September 30, 2024, compared to the same period in 2023[113] - Professional services and other cost of revenue increased by $9.0 million, or 13.6%, for the three months ended September 30, 2024, compared to the same period in 2023[106] - Total cost of revenue for the nine months ended September 30, 2024, was $701.3 million, an increase of $64.0 million, or 10.0%, compared to the same period in 2023[123] - Selling and marketing expenses increased by $71.0 million, or 40.0%, for the nine months ended September 30, 2024, compared to the same period in 2023[130] - General and administrative expenses rose by $64.5 million, or 31.5%, for the nine months ended September 30, 2024, primarily due to higher amortization of intangible assets[131] Profitability Metrics - Operating profit was $20.8 million for the three months ended September 30, 2024, compared to $26.5 million for the same period in 2023[114] - Operating profit decreased to $75.6 million for the nine months ended September 30, 2024, down from $94.3 million in the same period of 2023[132] - Operating profit for Q3 2024 was $103.2 million, reflecting an operating profit margin of 23.5%[156] - The net income for the nine months ended September 30, 2024, was $218.7 million, with an Adjusted net profit margin of 16.9%[158] Cash Flow and Investments - Net cash provided by operating activities was $200.1 million for the nine months ended September 30, 2024, compared to $129.6 million for the same period in 2023[144] - Net cash provided by operating activities for Q3 2024 was $91.8 million, compared to $36.6 million in Q3 2023, representing a significant increase[161] - Free cash flow for Q3 2024 was $63.4 million, up from $4.8 million in the same period last year, indicating improved cash generation[161] - Net cash used in investing activities was $458.1 million for the nine months ended September 30, 2024, significantly higher than $14.9 million in the same period of 2023[145][146] - Net cash used in financing activities was $1,067.6 million for the nine months ended September 30, 2024, compared to a net cash provided of $345.3 million in the same period in 2023[147][148] Shareholder Actions - The company announced a share repurchase program authorized to purchase up to $500 million of common stock, with $30 million spent to repurchase 0.5 million shares in Q3 2024[91] Market and Economic Factors - The average U.S. dollar to Canadian dollar exchange rate was $1.36 for Q3 2024, compared to $1.34 in Q3 2023, impacting revenue on a constant currency basis[99] - The company expects a 100 basis point decrease in market investment rates to result in approximately $26 million decrease in float revenue over the next twelve months[166] - A 100 basis point decrease in applicable reference rates would lead to an estimated $6 million decrease in interest expense over the next twelve months[167] Pension and Benefits - The pension plan for certain U.S. employees was terminated effective September 30, 2024[170] - The effective discount rate used for pension obligations in 2023 ranged from 4.52% to 4.65%[170] - The expected rate of return on plan assets for qualified pension benefits in 2024 is projected to be 4.80%[170]

Exhibit 99.1 Dayforce Reports Third Quarter 2024 Results 1 Dayforce® recurring revenue of $333.2 million, up 19% Total revenue of $440.0 million, up 17% Year-to-date net cash provided by operating activities of $200.1 million, up 54% Minneapolis, MN and Toronto, ON, October 30, 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 third quarter ended September 30, 2024. "Our dedi ...

Dayforce (DAY) is set to report its third-quarter 2024 results on Oct. 30. DAY expects third-quarter 2024 revenues between $425 million and $430 million, indicating growth between 13% and 14% on a GAAP and constant-currency basis. The Zacks Consensus Estimate for third-quarter earnings has been unchanged at 45 cents per share over the past 60 days, suggesting 21.62% growth from the figure reported in the year-ago quarter. The Zacks Consensus Estimate for third-quarter revenues is pegged at $428.43 million, ...

On 24 September, Sigma Lithium hosted its 2024 Investor Day, marking the first year of production and its record-setting ramp-up of its industrial Greentech Plant. The Company outlined its capital-efficient construction plans to reach approximately 125,000 t/y LCE of industrial capacity by 2026, cementing Sigma as a lasting industry leader. Projections are underpinned by higher production from two new industrial lines, a first production expansion with capacity of 34,000t LCE /250,000t of lithium concentrat ...

PLYMOUTH MEETING, Pa., Sept. 26, 2024 /PRNewswire/ -- Harmony Biosciences Holdings, Inc. (Nasdaq: HRMY), will provide an overview of its robust, late-stage pipeline at an in-person Investor Day at 8:30 a.m. ET on October 1 in New York City. Members of Harmony's senior leadership team along with therapeutic area key opinion leaders will present to investors and research analysts the following: Highlights of the company's late-stage pipeline with key program updates, including: New data on pitolisant in idiop ...

Discount can be used at all Big Lots store locations and online at biglots.com Coupon is required in store and can be downloaded or printed on the website Discount will be automatically applied for online shoppers on biglots.com COLUMBUS, Ohio, Sept. 19, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), today announced that its popular 2-day 'Friends & Family' Event will return, featuring 20% off shoppers' entire purchase, Sept. 21 and 22. The discount can be used at all Big Lots store locations and online o ...

Core Points - Chipotle Mexican Grill is celebrating National Quesadilla Day by giving away up to $1 million in free quesadillas and offering a BUY-ONE-ENTREE-GET-ONE-QUESADILLA (BOGO) promotion starting September 23, 2024 [2][4] - The promotion includes a digital scavenger hunt where fans can uncover codes for free quesadillas through social media, with up to 21,000 fans eligible to claim a BOGO offer [5][6] - Chipotle's hand-crafted quesadillas feature fresh Monterey jack cheese, customizable proteins, optional fajita veggies, and three sides for dipping, with the company expecting to purchase nearly 70 million pounds of cheese this year [7][11] Promotion Details - The BOGO offer is valid from September 23 to September 25, 2024, requiring the purchase of at least one regular-priced entrée item [8] - On National Quesadilla Day, fans can receive a free quesadilla with eligible purchases on DoorDash and Uber Eats, with specific minimum order requirements of $25 and $15 respectively [6][9] - The promotion aims to enhance customer engagement and capitalize on the popularity of quesadillas, which were the second most ordered food item in 2023 according to DoorDash [4][10] Company Overview - Chipotle operates over 3,500 restaurants across multiple countries and is recognized for its commitment to serving responsibly sourced, real food without artificial ingredients [11] - The company is a leader in the food industry, focusing on digital innovation and sustainable business practices while maintaining a strong brand presence [11]

Core Viewpoint - Big Lots, Inc. has received interim court approval for its voluntary Chapter 11 proceedings, allowing access to $707.5 million in postpetition financing to support ongoing operations and a sale transaction with Nexus Capital Management LP [1][2][5]. Group 1: Financial and Operational Updates - The court granted interim approval for the company to access a portion of its $707.5 million postpetition financing facilities, which, along with cash from ongoing operations, is expected to provide sufficient liquidity [2]. - The interim relief allows the company to continue paying employee wages and benefits, as well as making payments to critical vendors under normal terms for goods and services delivered post-filing [3]. - A "second day" hearing is scheduled for October 9, 2024, to consider the company's requested relief on a final basis [3]. Group 2: Restructuring and Sale Process - Big Lots has entered into a sale agreement with Nexus, which will acquire substantially all of the company's assets and ongoing business operations [5]. - Nexus will act as the "stalking horse bidder" in a court-supervised auction process, with the transaction subject to higher offers and court approval, anticipated to close in Q4 2024 if Nexus is the winning bidder [6]. Group 3: Company Commitment and Vision - The CEO emphasized the company's focus on delivering extreme value to customers and expressed optimism about emerging from the restructuring process as a stronger, more efficient company [4]. - Big Lots aims to help customers "Live BIG and Save LOTS" through its sourcing strategies that focus on closeouts, liquidations, and value-engineered products [9].

MINNEAPOLIS and TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. ("Dayforce" or the "Company") (NYSE:DAY) (TSX:DAY), a global leader in human capital management ("HCM") technology, today announced that it will host an Investor Day on Tuesday, November 12, 2024 at the Wynn Las Vegas at 10:00 a.m. Pacific Time / 1:00 p.m. Eastern Time. The event will take place during Dayforce Discover, the Company's annual customer conference. Anchored in the Company's brand promise, Makes Work Life Better, Dayforce ...

NEW YORK, Aug. 21, 2024 /PRNewswire/ -- The Special Committee of the Board of Directors (the "Special Committee") of Paramount Global (NASDAQ: PARA, PARAA) ("Paramount" or "the Company") today announced the receipt of an acquisition proposal from Edgar Bronfman, Jr., on behalf of a consortium of investors (the "Bronfman Consortium"), that the Special Committee has determined qualifies the Bronfman Consortium as an "Excluded Party" under the terms of the Skydance transaction agreement. As a result, the "go s ...