Diamond Member Pelican Press 0 Posted November 26, 2024 Diamond Member Share Posted November 26, 2024 This is the hidden content, please Sign In or Sign Up Workday (WDAY) Q3 earnings report 2025 Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 14, 2023. Kevin Dietsch | Getty Images Workday shares slipped as much as 11% in extended trading on Tuesday after the human resources and finance software maker issued a quarterly forecast that came in below Wall Street projections. For the fiscal fourth quarter, Workday called for an adjusted operating margin of 25% on $2.03 billion in subscription revenue. Analysts polled by StreetAccount were looking for a 25.5% margin and $2.04 billion in subscription revenue. Workday’s finance chief, Zane Rowe, called for $8.8 billion in fiscal year 2026 subscription revenue, good for 14% growth. Here’s how the company performed during the fiscal third quarter in relation to LSEG consensus: Earnings per share: $1.89 adjusted vs. $1.76 expected Revenue: $2.16 billion vs. $2.13 billion expected Workday’s total revenue grew about 16% year over year in the quarter ended on Oct. 31, according to a This is the hidden content, please Sign In or Sign Up . Subscription revenue totaled $1.96 billion, up around 16%, consistent with the $1.96 billion consensus among analysts surveyed by StreetAccount. The company reported net income of $193 million or 72 cents per share, up $114 million or 43 cents per share in the same quarter a year ago. The adjusted operating margin for the quarter was 26.3%. StreetAccount had expected 25.4%. Workday said This is the hidden content, please Sign In or Sign Up , the former This is the hidden content, please Sign In or Sign Up and SAP executive who stepped down as UiPath CEO in June, was joining as president and chief commercial officer. In October Workday told employees that This is the hidden content, please Sign In or Sign Up , a co-president, will retire During the quarter, Workday acquired contract lifecycle management software startup This is the hidden content, please Sign In or Sign Up . Workday also said This is the hidden content, please Sign In or Sign Up for spotting inefficiencies, filing expense reports and updating succession plans would become available in early access in 2025. As of Tuesday’s close, Workday shares were down 2% in 2024, while the S&P 500 index had gained 26%. This is breaking news. Please check back for updates. WATCH: Slowinski: Oracle’s cloud growth is strong, while Salesforce and Workday face weaker demand This is the hidden content, please Sign In or Sign Up #Workday #WDAY #earnings #report This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/176013-workday-wday-q3-earnings-report-2025/ Share on other sites More sharing options...
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