THISRESEARCHREPORTEXPRESSESSOLELYOUROPINIONS.Weareshortsellers.Wearebiased.Soarelonginvestors.SoisDayforce.SoarethebanksthatraisedmoneyfortheCompany.Ifyouareinvested(eitherlongorshort)inDayforce,soareyou.Justbecausewearebiaseddoesnotmeanthatwearewrong.UseBOCTexas,LLC’sresearchopinionsatyourownrisk.Thisreportanditscontentsarenotintendedtobeanddonotconstituteorcontainanyfinancialproductadvice.Investorsshouldseektheirownfinancial,legalandtaxadviceinrespectofanydecisionregardinganysecuritiesdiscussedherein.Youshoulddoyourownresearchandduediligencebeforemakinganyinvestmentdecisions,includingwithrespecttothesecuritiesdiscussedherein.WehaveashortinterestinDayforce’ssecuritiesandthereforestandtorealizesignificantgainsintheeventthatthepriceofsuchsecuritiesdeclines.Pleaserefertoourfulldisclaimerlocatedonthelastpageofthisreport.COMPANY:Dayforce,Inc.│NYSE:DAYINDUSTRY:HumanCapitalManagementSoftwarePRICE(ASOFCLOSEWeareshortDayforce,Inc.(“Dayforce”orthe“Company”),anS&P500humancapital4/3/2024)managementbusinesswhichwebelieveengagesinhighlyaggressiverevenuerecognitionandaccountingmaneuverstoinappropriatelypullforwardrevenuesandinflateprofits.USD64.55WealsobelievethatDayforcemanipulateskeyprofitabilitymetricswhichnotonlymisleadsMARKETCAPinvestorsbutunjustlyenrichesmanagement,whosecompensationistiedtosuchbogusprofitabili...
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