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.
Ceridian has issued the following guidance for the remainder of fiscal year 2021:
Visualization of income flow from segment revenue to net income