Tag Archives: sap

Workday Cloud Q2 Revenue Guidance Light, But Q1 Beats

Workday (WDAY) continues to find more growth in the cloud, but the HR software maker’s revenue outlook fell a bit short of expectations after Q1 earnings easily beat. The maker of cloud-based HR software late Tuesday reported fiscal Q1 earnings that showed it continues to outpace rivals Oracle (ORCL) and SAP (SAP) . But the company forecast revenue for the current quarter of $270 million to $274 million, up 45% to 47% from the year-ago period,

Workday Q1 Seen Showing More Gains Vs. Oracle, SAP

As Workday (WDAY) prepares to report its Q1 earnings after the market close Tuesday, Larry Ellison’s assertions that his company, Oracle, is successfully challenging the No. 1 provider of human capital management software appear to be ringing hollow. Recent channel checks by analysts seem to indicate that Workday continues to gain share on rivals Oracle (ORCL), and SAP (SAP), as the two legacy business software leaders scramble to move more of

Salesforce.com Has ‘Significant Runway’ After Q1 Beat

Salesforce.com leveraged its fast growth in the cloud and its ability to beat rivals Oracle (ORCL) and SAP (SAP) to report first-quarter earnings after the market close Wednesday. The No. 1 provider of customer relationship management software also reported an outlook for the current quarter that was ahead of views and raised its outlook for the year. Salesforce.com (CRM) stock was up more than 4% in midday trading in the stock market today, near