Dayforce Stock Price, News & Analysis

Rimini Street (NASDAQ: RMNI) has announced its appointment as a Dayforce (NYSE: DAY) Community Partner and launched Rimini Manage™ for Dayforce. The new service provides management and support for Dayforce's Human Capital Management cloud platform across 160 countries.

The offering includes services for HR, Payroll, Benefits, Workforce Management and Talent Management, featuring unlimited ticketing and industry-leading SLAs. Additionally, Rimini Street has launched Rimini Consult™ for Dayforce, offering strategic planning, advisory services, and technical support.

Over 200 Dayforce customers already use Rimini Street as their enterprise software service provider. The partnership aims to help organizations reduce operational costs while integrating Dayforce with various ERP systems including SAP, Oracle, Infor, and Microsoft.

Dayforce (NYSE: DAY) has announced that Hubexo, a global construction data and technology leader, has chosen Dayforce's HCM platform for its workforce transformation initiative. The implementation will serve 2,400 Hubexo employees across 25 countries in Europe, North America, and Asia Pacific.

Hubexo will utilize multiple Dayforce platform features, including Time and Attendance, Reporting and Analytics, Compensation Management, Performance Management, and Dayforce Co-Pilot. This selection follows Hubexo's October 2024 restructuring, which unified distinct companies under a single brand. The implementation aims to consolidate disparate HR systems and provide a unified platform for people operations globally.

Dayforce (NYSE:DAY) reported strong Q1 2025 financial results with notable growth across key metrics. Total revenue reached $481.8M, up 11.7% (13.6% constant currency), while Dayforce recurring revenue excluding float grew to $323.1M, up 14.4%. The company demonstrated improved profitability with net income of $14.9M (up from $7.1M) and adjusted EBITDA of $156.7M (32.5% margin). Operating cash flow was $49.6M, enabling $30M in share repurchases. The company serves 6,929 customers on its platform, with average recurring revenue per customer at $167,600. Notable wins include new contracts with major companies, covering 61,500 and 22,000 employees respectively. For FY2025, Dayforce projects total revenue of $1,929M-$1,944M and maintains a 32% adjusted EBITDA margin target.

Dayforce (NYSE: DAY) has announced the availability of its Dayforce™ platform on the Microsoft Azure Marketplace, enabling seamless integration of ERP and HCM solutions on Azure's cloud platform. The integration allows Microsoft Azure customers to streamline their operations while benefiting from Dayforce's AI-powered global people platform that unifies HR, payroll, workforce management, talent, and analytics.

This strategic collaboration aims to simplify procurement and accelerate deployment timelines for organizations. The partnership leverages Microsoft Azure's trusted cloud infrastructure alongside Dayforce's comprehensive HCM platform, helping businesses maximize operational efficiency. The Azure Marketplace, which processes billions in annual revenues, provides a platform for companies to access cloud solutions certified for Azure deployment.

Dayforce (NYSE/TSX: DAY), a global human capital management leader, has scheduled its first quarter 2025 earnings release for May 7, 2025, before market opening. The company will host a webcast and conference call at 8:00 a.m. Eastern Time on the same day.

Additionally, Dayforce management will participate in four upcoming investor conferences in May and June 2025:

• J.P. Morgan Global Technology Conference in Boston (May 13)
• Baird Global Consumer Conference in New York (June 3)
• BMO Virtual Software Conference (June 9)
• Mizuho Technology Conference in New York (June 10)

Management will be available for one-on-one and small group meetings with investors during these events.

Dayforce Inc. (NYSE: DAY; TSX: DAY) announced an expanded partnership with the Tampa Bay Buccaneers, who will now integrate Dayforce Performance Management and Compensation Management into their existing suite. The Buccaneers, who first implemented the platform in 2019, will enhance their HR capabilities beyond their current use of Dayforce's HCM solution for HR, payroll, benefits, recruiting, and workforce management.

The AI-powered platform serves the Buccaneers' 850+ full-time and seasonal employees through mobile app-based HR self-service tools. The expansion aims to further streamline operations, optimize workforce scheduling, and address compliance challenges specific to professional sports. According to Kristin Hamwey, Chief People Officer at the Buccaneers, the platform has transformed their workforce management through automation and reporting capabilities.

Dayforce (NYSE:DAY) reported strong Q4 and full year 2024 results, with total revenue reaching $465.2 million in Q4 (up 16.4% YoY) and $1,760.0 million for the full year (up 16.3% YoY). Dayforce recurring revenue grew 19.1% to $347.9 million in Q4.

Key highlights include a record-high annual Dayforce gross revenue retention rate of 98%, and 7.62 million global employees live on the Dayforce platform (up 11.4% YoY). The company achieved significant profitability improvements with Q4 Adjusted EBITDA of $129.2 million (27.8% margin) and full-year Adjusted EBITDA of $501.5 million (28.5% margin).

For 2025, Dayforce raised its Adjusted EBITDA guidance to 32% and projects total revenue of $1,745-1,760 million. The company secured notable customer wins, including a retail cooperative with 66,000 employees and expanded its global presence.

Dayforce (NYSE:DAY, TSX:DAY), a global human capital management (HCM) leader, has scheduled the release of its fourth quarter and full-year 2024 financial results before market opening on Wednesday, February 5, 2025. The company will host a live webcast and conference call at 8:00 a.m. Eastern Time on the same day to discuss the results.

Investors can access the webcast through Dayforce's Investor Relations section of their website. For those preferring telephone participation, the dial-in numbers are 877-497-9071 (USA) and 201-689-8727 (International). A replay of the webcast will be available afterward through the company's Investor Relations webpage.

Dayforce has announced two significant milestones for its on-demand pay solution. The Dayforce Wallet has surpassed $5 billion USD in delivered payments through on-demand pay, early direct deposit, and paycard services. Additionally, the company is introducing new direct to bank capabilities that will allow employees to route their pay to any personal bank account during a pay cycle.

The expansion comes as over 75% of American workers report living paycheck to paycheck. According to a recent SSRS Research Study, 80% of Dayforce Wallet users feel financially empowered through access to on-demand pay. The new direct to bank feature will be available to eligible U.S. employees in Q1 2025, offering options to route funds free to the Dayforce Wallet Mastercard® or instantly to personal bank accounts for a flat fee.