Dayforce, Inc.
68.36-0.04 (-0.06%)
Oct 29, 4:00:02 PM EDT · NYSE · DAY · USD
Key Stats
Market Cap
10.80BP/E (TTM)
227.87Basic EPS (TTM)
0.30Dividend Yield
0%Recent Filings
8-K
Merger antitrust clearances met
Dayforce cleared key antitrust hurdles for its merger with Thoma Bravo on October 20, 2025, as the U.S. HSR waiting period expired and Canadian competition conditions were satisfied. The deal, announced August 20, now awaits shareholder approval and remaining regulatory nods. Closing hinges on these steps. Investors should watch proxy details for director interests.
8-K
Pension obligations transferred
Dayforce entered a commitment agreement on September 11, 2025, to transfer its U.S. pension plan's defined benefit obligations to Nationwide insurers via a group annuity contract covering about 6,200 participants. The deal, funded by plan assets plus a $7 million company contribution, shifts benefit payments starting December 1, 2025, with no changes to participant amounts. It triggers a one-time non-cash pre-tax settlement charge of $170 million to $190 million in Q3 2025. This de-risks the balance sheet, yet exposes results to actuarial variances.
8-K
Dayforce goes private at $70/share
Dayforce inked a merger deal with Thoma Bravo affiliates on August 20, 2025, taking the HCM leader private in a $12.3 billion all-cash transaction at $70 per share—a 32% premium to the unaffected price. Backed by equity commitments and debt facilities without a financing condition, the deal eyes accelerated AI-driven growth and customer value, though it hinges on stockholder approval and regulatory nods from HSR, Canadian competition, and OCC by early 2026. Termination fees loom at $351 million for Dayforce or $702 million for the buyer. Risks could disrupt operations.
8-K
Advanced acquisition talks
10-Q
Q2 FY2025 results
Dayforce posted solid Q2 results, with revenue climbing 9.8% year-over-year to $464.7M, driven by 13.6% growth in Dayforce recurring revenue amid more live customers and higher revenue per customer, while professional services jumped 22.8%. Operating profit surged 200% to $42.3M, lifting margins to 9.1% from 3.3%, thanks to revenue momentum outpacing modest cost increases; diluted EPS hit $0.13, up from a $0.01 loss, reconciling cleanly with 161.0M shares. Cash from operations reached $162.3M year-to-date, yielding $106.6M free cash flow (derived), with $625.2M in cash equivalents and full availability on the $350M revolver, though total debt stands at $1.2B including $575M convertible notes due 2026. An efficiency plan trimmed 5% of staff, incurring $31.9M in restructuring charges. Non-GAAP metrics not disclosed in the 10-Q. Yet competition in HCM software sharpens.
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