Workday (NASDAQ: WDAY) reported second-quarter financial results after the closing bell on Thursday. The software firm reported a 20% increase in Q2 revenues to $1.06 billion, beating Wall Street consensus. Subscription revenue was $931.7 million, an increase of 23.1% from the same period last year.
Net earnings of $0.84 per share also handsomely surpassed what analysts had anticipated.
WDAY shares rose 12% immediately following the announcement. The stock has increased 29% so far this year.
CEO Aneel Bhusri said, “It was a strong quarter despite the environment, with continued demand for our products as more organizations realize how mission-critical cloud-based systems are in supporting their people and businesses through continuous change.”
Most Popular
Infographic: How Starbucks (SBUX) performed in Q1 2023
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,
