Dayforce Q1 revenue $431.5M (+16.4% YoY); raises full-year guidance across all key metrics

Dayforce, Inc.

2024-Q1 EPS reported $0.04 revenue$431,500,000

Dayforce recurring revenue $337.2M (+24.3% YoY); ex-float recurring revenue $282.4M (+23.0%).
Adjusted diluted EPS $0.43 vs $0.31 prior year; adjusted operating profit $109.1M (25.3% margin).
Net adds of 182 Dayforce customers in Q1 to total 6,575 live; recurring revenue per customer up 19.2% YoY.
Guidance raised: FY2024 total revenue now $1,835-1,846M; adjusted EBITDA $543-549M (from prior).
Float revenue $60.7M on average $5.56B float balance at 4.4% yield (+80 bps YoY).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Dayforce, Inc. reported first quarter ended March 31, 2024 results: revenue $431.5 million, net income $7.1 million, EPS $0.04. Guidance raised.

Period: first quarter ended March 31, 2024
Revenue: $431.5 million
Net income: $7.1 million
EPS: $0.04
Guidance: raised
Result: reported results

Exact text from the filing

Exhibit 99.1 Dayforce Reports First Quarter 2024 Results 1 Dayforce ® recurring revenue of $337.2 million, up 24.3%, and excluding float revenue, up 23.0% Total revenue of $431.5 million, up 16.4% Operating profit of $40.7 million and adjusted operating profit of $109.1 million Minneapolis, MN and Toronto, ON, May 1, 2024 - Dayforce, Inc. ("Dayforce" or the

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Source: SEC EDGAR

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