Dayforce reported a strong fourth quarter in 2024, marked by a 16% increase in total revenue to $465.2 million and a 19% increase in Dayforce recurring revenue to $347.9 million. The company's adjusted EBITDA rose to $129.2 million, representing a 27.8% margin. The company also issued guidance for Q1 and full year 2025.
Total revenue increased by 16% year-over-year to $465.2 million.
Dayforce recurring revenue grew by 19% year-over-year to $347.9 million.
Cloud recurring gross margin improved to 80.0%.
Adjusted EBITDA increased to $129.2 million, with a margin of 27.8%.
Dayforce provided guidance for the first quarter and full year 2025, including revenue and adjusted EBITDA margin targets.
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