07:52 AM EDT, 05/07/2025 (MT Newswires) -- Dayforce ( DAY ) traded 5.5% lower at last look Wednesday in NYSE pre-market trading after the company reported first-quarter earnings that missed analysts' expectations.
Dayforce ( DAY ) posted net income of US$14.9 million, or US$0.09 per diluted share, rising from US$7.1 million, or US$0.04 per diluted share, but below the analyst consensus GAAP EPS estimate of US$0.24 compiled by FactSet.
Revenue increased to US$481.8 million from US$431.5 million, missing the analyst consensus sales estimate of US$477.0 million compiled by FactSet.
Adjusted net income jumped to US$93.9 million from US$68.0 million. Adjusted EBITDA climbed to US$156.7 million from US$129.9 million.
"We kicked off the year with strong first quarter results and excellent sales momentum," said David Ossip, chair and CEO of Dayforce ( DAY ). "Our first quarter sales growth builds on our already strong fourth quarter sales performance, reinforcing our optimism for continued momentum through 2025 and beyond as we further our [human capital management] leadership position."
Dayforce ( DAY ) also provided its guidance, including target revenue of US$454 million to US$460 million in the second quarter and $1.93 billion to $1.94 billion for full year 2025.