Dayforce Reports Lower-Than-Expected Quarterly Profits Amid Labor Market Uncertainty

Reported about 10 hours ago

Dayforce's third-quarter profits fell short of analysts' expectations due to uncertainties in the labor market and rising trade tariff concerns, leading companies to cut software expenditures. With ongoing plans for acquisition by Thoma Bravo, the deal has elicited mixed reactions from investors. Despite stable revenue of $481.6 million, the company reported adjusted earnings per share of 37 cents, significantly lower than the anticipated 55 cents.

Source: YAHOO

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