secwatch.observer — SEC 8-K summary
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Issuer:     Dayforce, Inc. (—)
CIK:        0001725057
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000950170-24-050885
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725057/000095017024050885/0000950170-24-050885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725057/000095017024050885/day-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-050885

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer