Ceridian HCM Holding Inc.
Q2 2022 Earnings Call
Aug 03, 2022, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Erik Zimmer
[Audio gap] second quarter earnings call for Ceridian. I'm Erik Zimmer, head of corporate development and investor relations. I am joined on the call today by our co-CEOs, David Ossip and Leagh Turner; our CFO, Noemie Heuland; and our senior director of investor relations, Matt Wells. I will now turn it over to Matt, who will run through our legal disclaimers.
Matt Wells -- Senior Director, Investor Relations
Thanks, Erik. [Operator instructions] Before I hand the call over to David, I want to remind everyone that our commentary may include forward-looking statements. These statements are subject to risks and uncertainties that could cause Ceridian's results to differ materially from historical experience or expectations. A description of some of these risks and uncertainties can be found in the reports that we filed with the Securities and Exchange Commission in addition to statements included in our current and periodic filings.
Additionally, over the course of this call, we will reference non-GAAP measures to describe our performance. Please review our earnings press release and filings with the SEC for a rationale behind the use of these non-GAAP measures and a full reconciliation of our GAAP to non-GAAP measures. As a final note, our earnings press release and other SEC filings are available on the Ceridian investor relations website. With that, I'll turn the call over to David.
David Ossip -- Co-Chief Executive Officer and Chairman
Hello, everyone, and thank you for joining our Q2 earnings call. Today, I'll speak briefly about our strong performance in the quarter, what we are seeing in the macro environment, and I'll highlight our technology differentiation. Leagh will then give more color on our sales momentum and outlook for the second half of the year, and she'll go into details on how we are driving efficiencies across the organization. And then Noemie will go into the numbers before we open up the call for questions.
Turning to performance. We had a very strong quarter, and in constant currency, we exceeded the high of our guide on all of our metrics. Dayforce recurring revenue ex float grew by 30%, and 31% including float. Adjusted EBITDA came in at $61.8 million or 20.5% of revenue versus a year ago when the business was operating at 15.9%.