Welcome to our dedicated page for Dayforce news (Ticker: DAY), a resource for investors and traders seeking the latest updates and insights on Dayforce stock.
Dayforce delivers cloud-based human capital management solutions that transform payroll processing, workforce compliance, and HR operations for organizations worldwide. This news hub provides investors and professionals with centralized access to official updates, strategic developments, and operational milestones from the HCM technology leader.
Track Dayforce's latest earnings announcements, product enhancements, and partnership agreements alongside regulatory compliance updates critical for multinational operations. The curated collection includes press releases covering workforce management innovations, global expansion initiatives, and technology platform improvements that shape modern HR practices.
Key areas of focus include updates on Dayforce's single-platform architecture advancements, Powerpay solution developments for small businesses, and compliance tools addressing evolving labor regulations. Users gain insights into how the company maintains its position at the forefront of cloud HCM innovation while serving diverse organizational needs.
Bookmark this resource for streamlined monitoring of Dayforce's business trajectory. Combine regular reviews with SEC filings and earnings call transcripts for comprehensive analysis of the company's performance and strategic direction within the competitive HR technology landscape.
Dayforce released its 15th Annual Pulse of Talent report, surveying 9,489 workers globally on organizational culture. While 84% of executives and 81% of HR leaders claim active engagement in improving culture, less than half of workers agree. The report introduced a Workplace Culture Index, revealing that 'Culture Promoters' were more satisfied with technology support (85% vs 39%), company benefits (82% vs 21%), and work flexibility compared to 'Culture Detractors'. The study found significant gaps between leadership and workforce perceptions of AI implementation. Notably, 69% of respondents would decline opportunities due to cultural misfit, rising to 75% for those under 35.
Dayforce announced significant enhancements to its partner ecosystem through an upgraded Dayforce Partner Network. The new program, launching in January 2025, introduces three interconnected pillars: Service Delivery Partners, Community Partners, and Technology & Innovation partners. The structure includes three tiers - Emerging, Growth, and Strategic - each offering progressive benefits.
The program aims to accelerate growth opportunities and innovation while focusing on six key areas, including customer success and technical competency. This evolution is designed to expand market reach, enhance expertise, and foster collaboration among partners, ultimately delivering better value to customers.
Dayforce reported strong Q3 2024 financial results with total revenue reaching $440.0 million, up 17% year-over-year. Dayforce recurring revenue grew 19% to $333.2 million. The company demonstrated robust cash flow performance with year-to-date net cash from operations up 54% to $200.1 million. The company had 6,730 customers live on the Dayforce platform, adding 384 customers year-over-year. Notable achievements include being named a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites and implementing several major customer rollouts. The company repurchased approximately $30 million in shares under its $500 million share repurchase program.
Dayforce (NYSE: DAY) has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises for the fifth consecutive year. The company was recognized for its Ability to Execute and Completeness of Vision. Dayforce serves over 6,600 customers across North America, Europe, EMEA, and APJ regions, providing a single platform enhanced with AI innovation for HR, payroll, workforce management, talent, and analytics solutions. The platform aims to help organizations manage compliance, drive efficiencies, and operate with confidence through AI-assisted technology.
Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader, has launched a new brand advertising campaign titled 'Do the work you're meant to do.' The campaign, featuring television commercials and out-of-home (OOH) displays across the U.S., aims to encourage simplicity in HR operations for greater purpose and meaning in work lives.
The multi-channel campaign uses humor to illustrate how technology can improve work life for employees. It showcases various professions struggling with administrative tasks that prevent them from focusing on meaningful work. The campaign includes:
- TV commercials airing across the U.S.
- Online, LinkedIn, Meta, and podcast ads
- OOH advertising at Chicago O'Hare and Atlanta airports, as well as New York City's Grand Central and Penn Stations
This initiative follows Dayforce's recent announcement to unify its global brand, emphasizing its commitment to helping organizations maximize their people's potential.
Dayforce, Inc. (NYSE: DAY; TSX: DAY) announces Dayforce Discover, its annual customer conference, scheduled for November 11-14 at the Wynn Las Vegas. The event aims to unite customers, partners, and industry visionaries to explore new solutions, best practices, and innovations in human capital management (HCM).
Highlights include:
- Over 110 learning opportunities and experiences
- Keynote speeches featuring David Ossip (CEO), Dr. Brené Brown, and Joe Korngiebel (Chief Strategy, Product, and Technology Officer)
- Customer success stories from companies like Builders FirstSource and Burton
- Hands-on training sessions, workshops, and product demos
- Opportunities for SHRM, Payroll.org, and HRPA certification credits
- A robust partner ecosystem with over 60 global partners
The event focuses on Dayforce's commitment to making work life better and offers both in-person and virtual attendance options.
Dayforce, Inc. (NYSE:DAY) (TSX:DAY), a global human capital management leader, has announced key dates for its third quarter 2024 financial results and upcoming investor events. The company will release Q3 2024 results on October 30, 2024, before market open, followed by a live webcast and conference call at 8:00 a.m. Eastern Time.
Additionally, Dayforce management will participate in several investor events:
- Inaugural Investor Day in Las Vegas on November 12, 2024
- UBS Global Technology Conference in Scottsdale on December 3, 2024
- TD Cowen Human Capital Management Summit (virtual) on December 9, 2024
Live webcasts and replays of these presentations will be available through Dayforce's Investor Relations website. Management will also be available for one-on-one and small group meetings with investors during these events.
Dayforce (NYSE:DAY, TSX:DAY), a leading global HCM technology company, has announced its 2024 Investor Day. The event will take place on November 12, 2024, at the Wynn Las Vegas, coinciding with Dayforce Discover, the company's annual customer conference. Starting at 10:00 a.m. PT / 1:00 p.m. ET, the Investor Day will feature presentations from key management figures, including CEO David Ossip and CFO Jeremy Johnson.
The event will provide insights into Dayforce's vision, strategy, and multi-year financial model. It will be broadcast live and available for replay on the company's Investor Relations website. Those interested in attending in person can contact investors@dayforce.com.
Dayforce, Inc. (NYSE: DAY; TSX: DAY) has launched a new Dayforce Learning experience to address the growing expectations of the modern workforce. This innovative platform combines the compliance support of a Learning Management System (LMS) with the engagement of a Learning Experience Platform (LXP). Key features include:
- AI-assisted course design for personalized learning paths
- Automated employee learning experience
- Extensive library of best-in-class content
- Career-centric learning embedded in the workflow
- Intuitive user experience for talent development at scale
The platform aims to bridge skills gaps, improve employee engagement, and foster career development while maintaining high standards of learning compliance. It's integrated within the single, mobile-first Dayforce platform, offering a comprehensive solution for organizations to drive effective outcomes and succeed in the new era of work.
Dayforce, Inc. (NYSE: DAY; TSX: DAY) has released its inaugural Dayforce Living Wage Index in partnership with the Living Wage Institute. The report reveals significant disparities in access to living wages across the U.S. workforce. Key findings include:
- Only 56% of full-time U.S. workers earn a living wage
- 62% of men vs. 50% of women earn a living wage
- 60% of Black and Latino workers don't earn a living wage compared to 32% of white workers
- Significant wage gaps exist across industries and metropolitan areas
The report aims to raise awareness and urgency around the issue of living wages. Dayforce's mission is to make work life better, and this research is part of their new WorkWell series focusing on pay, leave, retirement, and scheduling.
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