Dayforce Inc
DAY
ISIN null / Valor 41112411
Dayforce Inc
UMushroom community rating:
About company
Dayforce Inc., originally founded as Ceridian in 1992, has established itself as a significant player in the global human capital management (HCM) sector. With dual headquarters in Toronto, Ontario, and Minneapolis, Minnesota, Dayforce has expanded its operations worldwide, leveraging a globally dispersed workforce to offer localized services and solutions. The company underwent a pivotal transformation in 2012 when it acquired Dayforce, a cloud-based HCM solution, leading to the eventual rebranding of Ceridian to Dayforce. Under the leadership of Dayforce founder David Ossip, who became CEO following the acquisition, the company has focused on providing a comprehensive platform that integrates various aspects of human resources, payroll, benefits, workforce management, and talent management. Dayforce's platform is trusted by thousands of organizations globally, including notable brands such as Accenture, Harley Davidson, and Danone North America, serving as a testament to its widespread adoption and the effectiveness of its solutions in meeting the complex needs of modern businesses.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (23.09.2025):
Dayforce Inc. reported strong financial results for the second quarter of 2025, demonstrating significant revenue growth and a turnaround to profitability. The company achieved total revenue of $465 million, reflecting a 10% increase year-over-year, and a recurring revenue of $316 million, up by 14%. Net income surged to $21.3 million from a net loss of $1.8 million in the same period last year, underscoring Dayforce's robust financial performance and effective cost management.
Revenue Growth
Dayforce Inc. achieved total revenue of $465 million in Q2 2025, marking a 10% increase on a GAAP and constant currency basis. Excluding float, revenue grew by 12%, reaching $417.3 million. The recurring revenue, excluding float, stood at $316 million, up 14%, highlighting the company's strong market position and customer retention.
Profitability Turnaround
The company reported a net income of $21.3 million for the second quarter, a significant improvement from a net loss of $1.8 million in Q2 2024. Adjusted EBITDA increased to $147.2 million, with the margin rising to 31.7%, demonstrating effective cost control and operational efficiency.
Solid Cash Flow
Dayforce Inc. generated $162.3 million in net cash from operating activities for the first half of 2025, up from $108.3 million in the previous year. Free cash flow also doubled to $106.6 million, reflecting the company's strong cash generation capabilities and supporting its long-term growth objectives.
Positive Business Outlook
The company provided optimistic guidance for Q3 and the full year of 2025, projecting total revenue between $1.935 billion and $1.955 billion for the year. Dayforce expects continued revenue growth, with adjusted EBITDA margins improving to 32% and free cash flow margins rising to 13.5-14.0%, reinforced by strategic initiatives and legislative changes.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
10913 M
Market cap (USD)
3,785,881
Daily traded volume (Shares)
73.165 / 71.46
1 day high/low (USD)
52 weeks high/low (USD)
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