Dayforce Reports Q4 Earnings Above Analyst Expectations

MINNEAPOLIS, March 9, 2023 (GLOBE NEWSWIRE) -- Dayforce Inc. (DAY) today announced its financial results for the fourth quarter and full year ended December 31, 2022.

Q4 Results:

* Net income of $10.8 million, EPS of $0.07
* Adjusted diluted EPS of $0.60, exceeding Zacks consensus estimate of $0.46
* Revenue of $465.2 million, surpassing the consensus estimate of $455.2 million

Full-Year Results:

* Net income of $18.1 million, EPS of $0.11
* Revenue of $1.76 billion

Dayforce is a leading provider of human resources software and services. The company's strong financial performance demonstrates the growing demand for its solutions.