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Ceridian HCM Holding Inc. - CDAY STOCK NEWS

Welcome to our dedicated news page for Ceridian HCM Holding (Ticker: CDAY), a resource for investors and traders seeking the latest updates and insights on Ceridian HCM Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ceridian HCM Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ceridian HCM Holding's position in the market.

Rhea-AI Summary
Ceridian HCM Holding Inc. announced that its ticker symbol will change to DAY on the NYSE and TSX, effective February 1, 2024, as part of the Company's brand transition to Dayforce. The change replaces the current ticker symbol, CDAY, in use since the IPO in 2018. No action is required by current shareholders, and the common stock will continue to be listed on the NYSE and TSX with the CUSIP number remaining unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
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none
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Rhea-AI Summary
Ceridian announces acquisition of eloomi, a leading learning experience platform software provider, to enhance people development capabilities for Dayforce customers. The acquisition is expected to close in Q1 2024 and will be funded with existing balance sheet cash. The integration of eloomi's capabilities into the Dayforce platform aims to improve learning management and talent offerings for Dayforce customers worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
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Rhea-AI Summary
Ceridian HCM Holding Inc. will release its fourth quarter and full-year 2023 financial results on February 7, 2024. The company will host a live webcast to discuss the results, which can be accessed via direct registration link or through the Investor Relations section of Ceridian’s website. A recording of the event will be made available on the Investor Relations section of Ceridian’s website following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
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Rhea-AI Summary
Ceridian (NYSE: CDAY; TSX: CDAY) announced its upcoming retail product innovations, highlighting the company’s growing momentum in the sector. Dayforce, Ceridian’s industry-leading cloud software, offers workforce management and global payroll capabilities on a single platform, empowering and retaining frontline workers, increasing operational agility, and enhancing the employee experience. Ceridian helps more than 1,280 retailers worldwide optimize their workforce and improve employee engagement, attraction, and retention. The company's upcoming retail product releases aim to provide a personalized employee experience, embrace modern technologies, and empower frontline employees through schedule flexibility and a consumer-like experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.86%
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Rhea-AI Summary
Ceridian HCM Holding Inc. (Ceridian) (NYSE: CDAY; TSX: CDAY) appoints Jeremy Johnson as EVP and CFO effective January 1, 2024, and Justine Janssen as EVP and CSO immediately. Johnson will oversee global finance functions, and Janssen will support strategic goals and transformation initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.34%
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management
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News
Rhea-AI Summary
Ceridian HCM Holding Inc. (CDAY) announced a delay in filing its third quarter 2023 Form 10-Q due to a discovered error in the presentation of a Canadian bank account balance. The error resulted in an understatement of customer funds and obligations, leading to the identification of two material weaknesses in its internal control over financial reporting. Despite this, there was no material misstatement of previously issued financial statements, and no impact on third quarter 2023 results or fiscal year 2023 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
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none
Rhea-AI Summary
Ceridian HCM Holding Inc. will present at two upcoming investor conferences: The D.A. Davidson Technology Summit on November 16, 2023, and the UBS Global Technology Conference on November 28, 2023. The presentations will be available through Ceridian's website. Management will also be available for meetings with investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
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conferences
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Rhea-AI Summary
Ceridian announces that Leagh Turner, Co-CEO and member of the Board of Directors, will leave the company on November 10, 2023, to become CEO of Coupa Software. David Ossip will continue as Chair and sole CEO. Turner joined Ceridian in 2018 and helped drive key metrics such as doubling revenue and increasing the Dayforce customer base. Ceridian will address the change and financial details during its third quarter financial results call today.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
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none
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Rhea-AI Summary
Ceridian HCM Holding Inc. reported strong financial results for Q3 2023, with Dayforce recurring revenue up 34.6% YoY and total revenue up 19.6% YoY. Operating profit was $26.5 million and adjusted operating profit was $89.4 million. The company raised its revenue and profitability outlook for Q4 2023 and FY 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
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Rhea-AI Summary
Ceridian HCM Holding Inc. will release its Q3 2023 financial results on November 1, 2023, before the market opens. The company will host a live webcast at 8:30 a.m. ET to discuss the results, instead of the previously scheduled conference call at 5:00 p.m. ET. The event can be accessed through the Investor Relations section of Ceridian's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
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Ceridian HCM Holding Inc.

NYSE:CDAY

CDAY Rankings

CDAY Stock Data

10.89B
137.34M
1.08%
110.68%
5.23%
Software Publishers
Information
Link
US
Minneapolis

About CDAY

ceridian is a global human capital management technology company serving more than 50 countries. our offering includes the award winning, cloud-based dayforce hcm, global solutions, and small business payroll. ceridian. makes work life better™ for more information about ceridian solutions call 1-800-729-7655 or visit www.ceridian.com.