Workday (WDAY) was in focus on Wednesday after the back-office software provider's latest results and guidance calmed some of Wall Street's nerves amid concerns over slowing growth. Read for more.
Workday beat Wall Street expectations for fourth-quarter revenue on Tuesday, benefiting from strong demand for its human capital management software as clients increased spending in an easing economy.
The company delivered fourth-quarter earnings before certain costs such as stock compensation of $1.92 per share, easily beating Wall Street’s target of $1.78, while revenue rose 15% from a year earlier,
Stocks in Focus. In this article, we are going to take a look at where Workday, Inc. (NASDAQ:WDAY) stands against the other stocks. On Friday, Jim Cramer, the host of Mad Money, took time to guide investors through this week’s events on Wall Street,
Quarterly revenue climbed 15% to $2.21 billion, beating the $2.18 billion expected by Wall Street. Subscription revenue was $2.04 billion, up 16% from a year ago. Workday had most recently guided for subscription revenue to rise 15% to $2.
Incorporated in 2005 and headquartered in Pleasanton, California, Workday, Inc. (WDAY) is a leading provider of enterprise cloud applications for finance and human resources, with a market cap of $67.
Workday generated solid fiscal Q4 revenue growth, led by its artificial intelligence (AI) offerings. The company expects to see solid mid-teens revenue growth and expanding margins this fiscal year. The stock looks attractively priced at current levels.
Workday beat Wall Street expectations for fourth-quarter revenue on Tuesday, driven by an increase in demand for its subscription services due to a resilient job market, sending its shares up over 9% in extended trading.
Shares of Workday were rising sharply after the software company turned in quarterly results and financial guidance that pleased Wall Street. Workday stock gained 11% to $282.98 in premarket trading Wednesday.
The after-hours gain recorded today likely will mean Workday’s stock is essentially flat in the year-to-date, slightly off the pace of the broader S&P 500 index, which is up 1% so far.
The most talked about and market moving research calls around Wall Street are now in one place ... Top 5 Downgrades: Morgan Stanley downgraded Workday (WDAY) to Equal Weight from Overweight ...
Investors are bracing for a busy week of data. I watch the news but I pay more attention to how the market reacts to the news.