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Workday shares fall 5% on lack of upside in revenue outlook despite beat

Barrons.com +2 ·

WDAY Workday Inc
$193.75 +1.57%
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  1. 1Workday (WDAY) shares fell 5% in after-hours trading Thursday
  2. 2Quarterly revenue of $2.649 billion and adjusted EPS of $2.75 topped estimates; Q3 subscription revenue guidance of $2.515 billion came in slightly above expectations
  3. 3Investors focused on the lack of upside in Q3 subscription revenue guidance beyond the quarterly beat

This 3-line summary is compiled from the report below.

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