Form 8-K · Current Report · Filed 2024-05-01
Dayforce Reports Strong Q1 2024 Financial Results
Dayforce, Inc. reported a 16.4% increase in total revenue to $431.5 million and an adjusted operating profit of $109.1 million for Q1 2024, surpassing its guidance and showcasing robust growth in recurring revenue and customer additions.
- Filer
- Dayforce Inc. DAY · NYSE
- Filed
- Accession
- 0000950170-24-050885
- CIK
- 0001725057
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$83.57
Next session
-5.4%
Since filing
+14.1%
Latest close
$95.35
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Precedent
Previous filings from DAY reporting the same item, with the next session's move:
Exhibits (1)
About Dayforce Inc.
Dayforce Inc. is a leading provider of comprehensive human capital management (HCM) solutions, operating within the software and technology sector. The company primarily develops and markets the Dayforce HCM platform, which integrates various human resources functions such as payroll, benefits, workforce management, and talent management into a single, cloud-based system. This integration allows businesses to streamline their HR processes, improve efficiency, and enhance employee experience through advanced data analytics and real-time updates. Serving a wide array of industries, Dayforce Inc. plays a critical role in helping organizations manage and optimize their workforce operations effortlessly. Its innovative platform is utilized by companies seeking to modernize their human resource functionalities and gain insightful analytics for strategic decision-making. Dayforce's market significance is underscored by its ability to adapt to the evolving needs of businesses, underscoring the shift towards digital solutions in HR management.
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