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Dayforce Inc.
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Dayforce Inc.

Dayforce Reports Strong Q1 2025 Results

| 8-K |Technology

Summary

Dayforce, Inc. reported strong financial results for the first quarter of 2025, with total revenue increasing by 11.7% year-over-year to $482 million. The company's recurring revenue, excluding float, grew by 15.0% to $323 million. Dayforce also announced the availability of its platform in the Microsoft Azure Marketplace and welcomed new customers, including a large entertainment and leisure company and a leading uniform and workplace solutions provider. The company expects total revenue for the second quarter of 2025 to be between $454 million and $460 million.

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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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