Dayforce said that it has received an overwhelmingly positive stockholder vote for a proposed $12.3 billion buyout of the HR software provider by Thoma Bravo, a month after its largest shareholder said it would vote against the deal.
DAY posts higher third-quarter 2025 revenues despite earnings miss, as recurring revenues and operating margins show strong year-over-year growth.
Dayforce (DAY) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.47 per share a year ago.
| Software Industry | Information Technology Sector | David D. Ossip CEO | NYSE Exchange | 15677J108 CUSIP |
| US Country | 8,526 Employees | - Last Dividend | - Last Split | - IPO Date |
Ceridian HCM Holding Inc., together with its subsidiaries, functions as a human capital management (HCM) software provider on a global scale, with operations in the United States, Canada, and other international locations. Founded in 2013 and headquartered in Minneapolis, Minnesota, the company focuses on offering a comprehensive suite of HCM solutions. Its offerings are designed to streamline various aspects of human resources and workforce management, leveraging advanced cloud technology. Ceridian sells its solutions through a combination of a direct sales force and third-party channels, aiming to cater to a diverse range of customer needs across different markets.
Dayforce: A cloud-based HCM platform that integrates multiple functions essential for managing human resources effectively. This includes human resources management, payroll services, benefits administration, workforce management, and talent management. Dayforce is designed to offer a holistic approach to HCM by combining these functionalities into a single, cohesive platform, thus enabling businesses to manage their workforce more efficiently and make data-driven decisions.
Powerpay: A specialized cloud solution aimed at the small business segment, Powerpay offers HR and payroll services tailored to meet the unique needs of smaller enterprises. It simplifies complex HR and payroll processes, allowing small business owners to focus on their core business operations while ensuring compliance and efficient management of their workforce.
Bureau solutions: These are services primarily focused on payroll and related processes. Ceridian's Bureau solutions are designed to assist businesses in managing their payroll operations more effectively, ensuring timely and accurate payment to employees while also complying with relevant legislation and regulations. By outsourcing these tasks to Ceridian, businesses can reduce the burden of administrative responsibilities and leverage Ceridian's expertise in payroll management.