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 (CRM) stock jumped Wednesday following a report it is working with financial advisers to help it field takeover offers after being approached by a potential acquirer. The news also lifted other enterprise software makers such as Workday (WDAY). The leading provider of cloud-based customer relationship management software is speaking to banks to help look at takeover offers, according to a report from Bloomberg. There is no certainty
Enterprise cloud software companies Salesforce.com and Workday continued their growth stories, reporting mostly better-than-expected earnings and outlooks late Wednesday that sent both stocks rising after hours. Both companies, reporting fiscal Q4s ended Jan. 31, met on the bottom line and beat on the top line. Both gave revenue guidance for the current quarter that beat analyst expectations. Workday (WDAY) doesn’t provide earnings