tiprankstipranks
Ceridian sees FY23 revenue $1.48B-$1.50B, consensus $1.44B
The Fly

Ceridian sees FY23 revenue $1.48B-$1.50B, consensus $1.44B

For FY23, the company sees: Dayforce recurring revenue, excluding float of $936 million to $946 million, or an increase of 24% to 26% on a GAAP basis and 25% to 27% on a constant currency basis. Ceridian expects tax migration from the legacy Bureau infrastructure to the same platform as Dayforce to contribute approximately 460 basis points of growth in fiscal year 2023. Float revenue of $150 million. Adjusted EBITDA of $360 million to $375 million. This report corrects the consensus revenue estimate.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on CDAY:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles