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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-4.77 | -2.25% | 207.69 | 207.46 | 208.00 | 212.85 | 207.37 | 211.00 | 2,148,265 | 01:00:00 |
By Sabela Ojea
Workday swung to a profit in the latest quarter, as revenue climbed amid continued strong momentum for the business.
The cloud enterprise company for finance and human resources on Thursday posted a second-quarter profit of $78.7 million, or 30 cents a share, compared with a loss of $64.2 million, or 25 cents a share, for the same period a year ago.
Stripping out one-time items, the company's earnings per share came in at $1.43. Analysts polled by FactSet had forecast adjusted earnings per share of $1.26.
Revenue rose 16% to $1.79 billion, beating analysts expectations of $1.77 billion, with subscription revenue climbing to $1.62 billion from $1.37 billion a year ago.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
August 24, 2023 16:37 ET (20:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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