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Jun 30, 2021
Dayforce Q2 2021 Earnings Report
Achieved strong financial performance, exceeding guidance across all metrics.
Key Takeaways
Ceridian reported a strong financial performance for Q2 2021, with results meaningfully above guidance across all metrics. Total revenue reached $250.4 million, a 30.0% increase year-over-year. Dayforce recurring revenue, excluding float revenue, increased by 29.9%.
Total revenue increased by 30.0% to $250.4 million.
Dayforce recurring revenue, excluding float revenue, grew by 29.9%.
Cloud revenue increased by 24.7% to $209.4 million.
5,164 Dayforce customers were live on the Dayforce platform as of June 30, 2021, a net increase of 125 customers compared to March 31, 2021.
Dayforce
Dayforce
Dayforce Revenue by Segment
Forward Guidance
Ceridian has issued the following guidance for the remainder of fiscal year 2021:
Revenue & Expenses
Visualization of income flow from segment revenue to net income