...August 30, 2024 Dayforce is on track to deliver 12%-15% revenue growth in fiscal 2024, supported by its expanding cloud recurring solutions and increasing full-suite adoption rates. Dayforce`s second quarter fiscal 2024 revenues grew by 16.1% year over year, primarily reflecting increased full suite attach rates and increased contribution from float revenues. Excluding contribution from float, revenues increased by 20%. Full suite adoption rates were over 50% of new sales bookings this quarter, and we expect Dayforce Wallet will more than double its revenue in fiscal 2024. As a result, for trailing 12 months (TTM) ended June 30, 2024, Dayforce's recurring revenue per customer grew by about 18% to $154,998 due to enterprise segment expansion and higher rate of customers selecting the full HCM (human capital management) suite. With Dayforce's strategic shift to target enterprise business from small and medium-sized businesses, we expect revenues will grow in low- to mid-teens percent range...
