Dayforce, Inc. (DAY) announced a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $14.9 million, or $0.09 per share. This compares with $7.1 million, or $0.04 per share, last year.
Excluding items, Dayforce, Inc. reported adjusted earnings of $93.9 million or $0.58 per share for the period.
Analysts on average had expected the company to earn $0.54 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.7% to $481.8 million from $431.5 million last year.
Dayforce, Inc. earnings at a glance (GAAP) :
-Earnings: $14.9 Mln. vs. $7.1 Mln. last year.-EPS: $0.09 vs. $0.04 last year.-Revenue: $481.8 Mln vs. $431.5 Mln last year.
-Guidance:Next quarter revenue guidance: $454 - $460 MlnFull year revenue guidance: $1,929 - $1,944 Mln
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