Dayforce, Inc. ( (DAY) ) has released its Q1 earnings. Here is a breakdown of the information Dayforce, Inc. presented to its investors.
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Dayforce, Inc. is a global leader in human capital management technology, offering an AI-powered platform that integrates HR, Pay, Time, Talent, and Analytics solutions for organizations across various industries. In its first quarter of 2025, Dayforce reported strong financial results with a total revenue of $482 million, marking a 12% increase from the previous year. The company also noted a significant rise in net income and operating cash flow, reflecting its strategic focus on growth and profitability.
Key financial highlights for the quarter include a 14% increase in Dayforce recurring revenue, excluding float, and a 15% rise in total revenue, excluding float, on a constant currency basis. The net income more than doubled to $14.9 million, while adjusted EBITDA reached $156.7 million, demonstrating a robust margin improvement. Additionally, Dayforce repurchased $30 million worth of shares, contributing to a total capital return of over $66 million to stockholders.
Strategic advancements were also made, including an expanded partnership with Microsoft and the introduction of new features like the Dayforce AI Assistant and enhanced mobile capabilities. The company continues to attract large clients, such as a major entertainment and leisure company and a leading uniform provider, further solidifying its market position.
Looking ahead, Dayforce remains optimistic about its growth trajectory, projecting total revenue for the full year 2025 to range between $1,929 million and $1,944 million. The company aims to maintain its momentum by focusing on durable top-line growth and increasing profitability, supported by strategic partnerships and technological innovations.
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