PLUS1
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Workday Inc | NASDAQ:WDAY | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.22 | -0.68% | 177.66 | 175.00 | 177.65 | 179.74 | 176.53 | 177.09 | 1,189,779 | 21:55:51 |
Workday Shares Up 5.8% After Hours on Higher 3Q Revenue
29/11/2022 10:16pm
Dow Jones News
Workday (NASDAQ:WDAY)
Historical Stock Chart
From Nov 2022 to Jan 2023
By Kathryn Hardison
Shares of Workday Inc. rose 5.8% to $151.68 in after-hours trading on Tuesday after the company reported higher third-quarter revenue as organizations continue to use its enterprise cloud applications for finance and human resources.
The company said quarterly revenue climbed 21% to $1.60 billion, while subscription revenue increased 22% to $1.43 billion.
Co-Chief Executive Chano Fernandez said the company's results represent how organizations are continuing to choose Workday's services during their digital transformations.
The company swung to a loss of $74.7 million, or 29 cents per share, from a profit of $43.4 million, or 17 cents per share a year ago. Adjusted per-share earnings were 99 cents.
Workday also said it was raising the low end of its fiscal 2023 subscription revenue guidance to a range of $5.555 billion to $5.557 billion.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
November 29, 2022 17:01 ET (22:01 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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