Ceridian Adjusts Timing of Third Quarter 2023 Financial Results
Ceridian HCM Holding Inc. ("Ceridian"), a global leader in human capital management (HCM) technology, has announced a change in the timing of its financial results release for the third quarter ended September 30, 2023. The results will now be released before the open of regular market trading on Wednesday, November 1, 2023. In response to recent sector volatility, Ceridian will host a live webcast at 8:30 a.m. Eastern Time on the same day to discuss the financial results. This replaces the previously scheduled conference call at 5:00 p.m. Eastern Time.
Accessing the Event
The webcast can be accessed through the Investor Relations section of Ceridian's website or via a direct registration link. A recording of the event will also be made available on the Investor Relations section of the website following the call.
Ceridian is a global human capital management software company known for its flagship cloud HCM platform, Dayforce®. This platform offers functionality for human resources, payroll, benefits, workforce management, and talent management. Dayforce optimizes the management of the entire employee lifecycle, from attracting and engaging to paying, deploying, and developing people. Ceridian provides solutions for organizations of all sizes.
In conclusion, Ceridian's adjustment in the timing of its third quarter 2023 financial results release highlights the company's proactive response to sector volatility. The live webcast provides an opportunity for stakeholders to gain insights into Ceridian's performance and strategies. As a global leader in HCM technology, Ceridian continues to make work life better through its innovative solutions.
Implications of Ceridian's Timing Adjustment for New Businesses
Ceridian HCM Holding Inc.'s decision to adjust the timing of its third quarter 2023 financial results release is a strategic move that new businesses can learn from. In response to recent sector volatility, Ceridian has demonstrated agility, a key attribute for any business, especially startups navigating unpredictable market conditions.
Adapting to Market Volatility
The company's decision to host a live webcast earlier in the day, as opposed to a later conference call, is a proactive approach that ensures stakeholders have timely access to crucial financial information. This highlights the importance of timely communication in maintaining investor confidence during volatile periods.
By providing easy access to the event through their website and promising a recording post-event, Ceridian is embracing transparency, a trait that is highly valued in today's business world. New businesses should take note of this commitment to openness, as it can help build trust with stakeholders.
In conclusion, Ceridian's strategic timing adjustment in response to sector volatility offers valuable lessons for new businesses. The importance of agility, timely communication, and transparency are key takeaways that can help new businesses thrive in a dynamic market environment.