Ceridian Reports Third Quarter 2018 Results

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Go back to Ceridian Reports Third Quarter 2018 Results

Ceridian HCM Holding Inc. (CDAY) Tops Q3 EPS by 3c, Revenues Beat; Offers FY18 Revenue Outlook Above Consensus

October 29, 2018 6:03 AM EDT

Ceridian HCM Holding Inc. (NYSE: CDAY) reported Q3 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $179.6 million versus the consensus estimate of $176.33 million.

Cloud revenue of $133.0 million, up 29.1% year-over-yearTotal revenue of $179.6 million, up 9.8% year-over-yearExcluding the effect of foreign currency fluctuations, Cloud revenue increased 31.2% and total revenue increased 11.4% year-over-yearOperating profit of $15.3 million, up 200.0% year-over-yearAdjusted EBITDA of $36.4... More