Workday hit on most cylinders last quarter, but its Q1 billings and its outlook for the current quarter left investors looking for more. Workday (WDAY) stock was down 7% in after-hours trading Tuesday, after the maker of cloud-based HR software posted fiscal Q1 earnings late Tuesday that handily beat analyst estimates but gave Q2 sales guidance that fell short of views. But it was likely Q1 billings of $271.6 million that flummoxed some investors,
Turbo Tax software maker Intuit (INTU) stock hit an all-time high Friday after the company reported better-than-expected Q3 results. Mountain View, Calif.-based Intuit late Thursday reported revenue of $2.19 billion, down 8% year over year for its fiscal Q3, which ended April 30. Analysts had expected $2.14 billion. EPS ex items fell 19% to $2.85, down 19% year over year. But it topped the $2.75 that analysts polled by FactSet were expecting. For
Hewlett-Packard continues to stumble toward its split-up this year. The computer products giant reported mixed Q2 earnings after the close Thursday, with EPS beating Wall Street expectations but revenue coming in short. HP’s (HPQ) earnings outlook for the current quarter also was light. Still, HP stock was up more than 1% in after-hours trading, after it released its results for the quarter ended April 30. HP stock rose 2.3% in Thursday’s regular