Workday (WDAY, $168.96) fiscal Q1 earnings...

Abhoy Sarkar

published in Blogs

May 27, 2022

Workday (WDAY, $168.96) fiscal Q1 earnings miss analysts' expectations

Workday reported its quarterly earnings that missed analysts’ expectations.

The software company’s earnings for the quarter came in at $0.83 per share, falling short of analysts’ consensus estimates of $0.85.

Revenue rose +22.1% from the year-ago quarter to $1.43 billion during the quarter, vs. consensus estimate of $1.43 billion.

Looking ahead, Workday projected an adjusted operating margin of 17.5% on revenue of $1.517 billion to $1.519 billion for its fiscal second quarter of 2023. For the full fiscal year 2023, the company is expecting revenue of $6.187 billion to $6.2 billion.

Workday’s outlook for subscription revenue is $1.353 billion to $1.355 billion in its second quarter and $4.537 billion to $5.557 billion for the full year, thereby implying + 22% year-over-year growth for both.

Related Tickers: WDAY

Related Portfolios: APPLICATION SOFTWARE

Sergey Savastiouk

published in Blogs

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4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.

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published in Blogs

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published in Blogs

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Edward Flores

published in Blogs

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How to Become the Millionaire Next Door

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published in Blogs

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published in Blogs

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Abhoy Sarkar

published in Blogs

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Central banks have been buying $2.4 billion in assets every hour for the past two months

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Rick Pendergraft

published in Blogs

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Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest

Sergey Savastiouk

published in Blogs

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Abhoy Sarkar

published in Blogs

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US unemployment rate jumps to 14.7%, the highest in series history

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