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Dayforce Inc. - CDAY STOCK NEWS

Welcome to our dedicated page for Dayforce news (Ticker: CDAY), a resource for investors and traders seeking the latest updates and insights on Dayforce stock.

Dayforce Inc. (CDAY) is a globally recognized leader in human capital management (HCM) technology, providing comprehensive solutions to optimize the entire employee lifecycle. Headquartered in Toronto and Minneapolis, Dayforce offers its award-winning, cloud-based platform, Dayforce HCM, which integrates HR, payroll, benefits, workforce management, and talent management functionalities.

Recent Achievements: Dayforce has made significant strides, including the acquisition of eloomi to enhance its learning and development capabilities. This acquisition aims to provide advanced training programs and AI-driven content creation to foster employee growth and engagement.

Current Projects: The company is rolling out new retail-focused product releases to improve workforce management and employee engagement for over 1,280 retailers. These enhancements include real-time workforce intelligence and on-demand pay solutions.

Financial Condition: Dayforce recently announced it will release financial results for Q3 2023 on November 1, 2023. This follows a thorough review of its financial reporting controls, ensuring accurate and reliable financial statements.

Partnerships and Products: The Dayforce platform serves a diverse clientele, including major retailers like American Dream and Sobeys. The platform's features empower businesses of all sizes to manage their workforce effectively, boosting productivity and employee satisfaction.

For the latest updates, financial reports, and more information, visit Ceridian's website or contact their Investor Relations team.

News

Ceridian to change ticker symbol to ‘DAY’ on NYSE and TSX effective February 1

Rhea-AI Summary
Ceridian HCM Holding Inc. announced that its ticker symbol will change to DAY on the NYSE and TSX, effective February 1, 2024, as part of the Company's brand transition to Dayforce. The change replaces the current ticker symbol, CDAY, in use since the IPO in 2018. No action is required by current shareholders, and the common stock will continue to be listed on the NYSE and TSX with the CUSIP number remaining unchanged.
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Ceridian to Acquire eloomi, a Market-Leading Learning and Development Platform

Rhea-AI Summary
Ceridian announces acquisition of eloomi, a leading learning experience platform software provider, to enhance people development capabilities for Dayforce customers. The acquisition is expected to close in Q1 2024 and will be funded with existing balance sheet cash. The integration of eloomi's capabilities into the Dayforce platform aims to improve learning management and talent offerings for Dayforce customers worldwide.
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Ceridian to Announce Fourth Quarter and Full-Year 2023 Financial Results on February 7th

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Ceridian HCM Holding Inc. will release its fourth quarter and full-year 2023 financial results on February 7, 2024. The company will host a live webcast to discuss the results, which can be accessed via direct registration link or through the Investor Relations section of Ceridian’s website. A recording of the event will be made available on the Investor Relations section of Ceridian’s website following the call.
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Global Retailers Choose Dayforce to Optimize Workforce Planning and the Frontline Employee Experience

Rhea-AI Summary
Ceridian (NYSE: CDAY; TSX: CDAY) announced its upcoming retail product innovations, highlighting the company’s growing momentum in the sector. Dayforce, Ceridian’s industry-leading cloud software, offers workforce management and global payroll capabilities on a single platform, empowering and retaining frontline workers, increasing operational agility, and enhancing the employee experience. Ceridian helps more than 1,280 retailers worldwide optimize their workforce and improve employee engagement, attraction, and retention. The company's upcoming retail product releases aim to provide a personalized employee experience, embrace modern technologies, and empower frontline employees through schedule flexibility and a consumer-like experience.
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Ceridian Announces New Executive Leadership Hires for Finance, Strategy

Rhea-AI Summary
Ceridian HCM Holding Inc. (Ceridian) (NYSE: CDAY; TSX: CDAY) appoints Jeremy Johnson as EVP and CFO effective January 1, 2024, and Justine Janssen as EVP and CSO immediately. Johnson will oversee global finance functions, and Janssen will support strategic goals and transformation initiatives.
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Ceridian Files Form 12b-25

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Ceridian HCM Holding Inc. (CDAY) announced a delay in filing its third quarter 2023 Form 10-Q due to a discovered error in the presentation of a Canadian bank account balance. The error resulted in an understatement of customer funds and obligations, leading to the identification of two material weaknesses in its internal control over financial reporting. Despite this, there was no material misstatement of previously issued financial statements, and no impact on third quarter 2023 results or fiscal year 2023 guidance.
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Ceridian to Present at Upcoming Investor Conferences

Rhea-AI Summary
Ceridian HCM Holding Inc. will present at two upcoming investor conferences: The D.A. Davidson Technology Summit on November 16, 2023, and the UBS Global Technology Conference on November 28, 2023. The presentations will be available through Ceridian's website. Management will also be available for meetings with investors.
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Ceridian Announces Departure of Co-CEO Leagh Turner as David Ossip Continues in Chair and CEO Roles

Rhea-AI Summary
Ceridian announces that Leagh Turner, Co-CEO and member of the Board of Directors, will leave the company on November 10, 2023, to become CEO of Coupa Software. David Ossip will continue as Chair and sole CEO. Turner joined Ceridian in 2018 and helped drive key metrics such as doubling revenue and increasing the Dayforce customer base. Ceridian will address the change and financial details during its third quarter financial results call today.
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Ceridian Reports Third Quarter 2023 Results

Rhea-AI Summary
Ceridian HCM Holding Inc. reported strong financial results for Q3 2023, with Dayforce recurring revenue up 34.6% YoY and total revenue up 19.6% YoY. Operating profit was $26.5 million and adjusted operating profit was $89.4 million. The company raised its revenue and profitability outlook for Q4 2023 and FY 2023.
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Ceridian Announces Time Change for Third Quarter 2023 Financial Results on November 1

Rhea-AI Summary
Ceridian HCM Holding Inc. will release its Q3 2023 financial results on November 1, 2023, before the market opens. The company will host a live webcast at 8:30 a.m. ET to discuss the results, instead of the previously scheduled conference call at 5:00 p.m. ET. The event can be accessed through the Investor Relations section of Ceridian's website.
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FAQ

What is the market cap of Dayforce (CDAY)?

The market cap of Dayforce (CDAY) is approximately 10.9B.

What is Dayforce Inc.?

Dayforce Inc. is a global leader in human capital management software, providing an integrated cloud-based platform for HR, payroll, benefits, workforce management, and talent management.

What services does Dayforce offer?

Dayforce offers services including human resources, payroll, benefits, workforce management, and talent management functionalities through its cloud-based Dayforce HCM platform.

What recent achievements has Dayforce made?

Dayforce recently acquired eloomi to enhance its learning and development capabilities, and it continues to roll out retail-focused product releases to improve workforce management and employee engagement.

When will Dayforce release its Q3 2023 financial results?

Dayforce will release its Q3 2023 financial results on November 1, 2023.

What companies use Dayforce?

Dayforce serves a variety of clients, including retail giants like American Dream, Sobeys, and Buehler’s Fresh Foods.

How can I contact Dayforce's Investor Relations?

You can contact Dayforce's Investor Relations at 1-844-829-9499 or email investors@ceridian.com.

What is the purpose of the Dayforce platform?

The Dayforce platform is designed to optimize the management of the entire employee lifecycle, from attracting and engaging to paying, deploying, and developing employees.

What are the benefits of using Dayforce for retail businesses?

Dayforce provides retail businesses with real-time workforce intelligence, schedule flexibility, and on-demand pay solutions, enhancing employee engagement and operational efficiency.

What financial controls has Dayforce recently reviewed?

Dayforce reviewed its internal control over financial reporting related to the presentation of customer funds for accurate financial statements.

Where can I find more information about Dayforce's products and services?

For more information, visit Dayforce's website at www.ceridian.com or follow @Ceridian on social media.

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Dayforce Inc.

NYSE:CDAY

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CDAY Stock Data

10.89B
137.34M
1.08%
110.68%
5.23%
Software - Application
Technology
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United States
Minneapolis