Dayforce Reports Third Quarter 2024 Results¹
Dayforce, Inc. (DAY)
Company Research
Source: GlobeNewswire
Dayforce® recurring revenue of $333.2 million, up 19% Total revenue of $440.0 million, up 17% Year-to-date net cash provided by operating activities of $200.1 million, up 54% MINNEAPOLIS and TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. ("Dayforce" or the "Company") (NYSE:DAY) (TSX:DAY), a global leader in human capital management ("HCM") technology, today announced its financial results for the third quarter ended September 30, 2024. “Our dedicated team achieved excellent results in the third quarter, positioning us to finish 2024 with strength,” said David Ossip, Chair and CEO of Dayforce. “Dayforce recurring revenue grew 19% year-over-year, and year-to-date cash flows from operating activities were up 54%, underscoring our ability to both grow and generate profits at scale. We continue to see organizations across the globe realize greater value as they simplify their people operations with the all-in-one Dayforce platform.” “In the third quart
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News
- Dayforce Inc (NYSE: DAY) is now covered by analysts at Scotiabank. They set a "sector perform" rating and a $75.00 price target on the stock.MarketBeat
- Dayforce Inc (NYSE: DAY) had its price target raised by analysts at KeyCorp from $80.00 to $92.00. They now have an "overweight" rating on the stock.MarketBeat
- Dayforce Inc (NYSE: DAY) had its price target raised by analysts at Barclays PLC from $70.00 to $80.00. They now have an "equal weight" rating on the stock.MarketBeat
- Dayforce Inc (NYSE: DAY) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $94.00 price target on the stock, up previously from $82.00.MarketBeat
- Dayforce Inc (NYSE: DAY) had its price target raised by analysts at Mizuho from $85.00 to $95.00. They now have an "outperform" rating on the stock.MarketBeat
DAY
Earnings
- 10/30/24 - Beat
DAY
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- 11/14/24 - Form SC
- DAY's page on the SEC website