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WDAY Workday Inc

207.69
-4.77 (-2.25%)
19 Jun 2024 - Closed
Delayed by 15 minutes
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

Workday Swings to 2Q Profit, Boosted by Subscription Growth

24/08/2023 9:53pm

Dow Jones News


Workday (NASDAQ:WDAY)
Historical Stock Chart


From Jun 2023 to Jun 2024

Click Here for more Workday Charts.

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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