Shares of Dayforce (DAY) tumbled on Wednesday after the software company's first-quarter profits and forward-looking projections fell short of estimates.

The human resources software provider reported $481.8 million in revenue for the first quarter, while adjusted earnings per share (EPS) came in at 58 cents, each above the 澳洲幸运5官方开奖结果体彩网:analyst consensus co💜mpiled by Visible Alpha. Dayforce's reported EPS of 9 cents, however, was 10 cents short of estimates.

The company forecast second-quarter revenue of $454 million to $460 million, with the entire range below the $463.7 million that analysts currently project. Its full-year revenue range of $1.9🌱3 billion to $1.94 billion was roughly in line with the analyst consensus.

At the end of the latest quarter, Dayforce said it had 6,929 customers, a 5% increase from the same time a year ago, but be▨low the 6,960 customers that analysts had expected.

Dayforce shares were down 8% in recent trading, with the stock leading S&P 500 decliners. They have lost a quarter of their value sinc💙e t𝓀he start of the year.