Dayforce reported a 16% increase in total revenue, reaching $423.3 million, and a 20% increase in Dayforce recurring revenue, amounting to $321.6 million. The company's operating profit was $14.1 million, with a net loss of $1.8 million, but an adjusted net income of $76.2 million. The company announced a $500 million share repurchase program and the date for its first Investor Day.
Total revenue increased by 16% to $423.3 million.
Dayforce recurring revenue grew by 20% to $321.6 million.
Operating profit stood at $14.1 million, while the company experienced a net loss of $1.8 million.
The Board of Directors approved a $500 million share repurchase program.
Dayforce provided revenue and Adjusted EBITDA guidance for Q3 and full year 2024.
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