Tag Archives: wday

Oracle Earnings, CEO Change Don’t Inspire Confidence

Oracle’s lackluster first-quarter earnings and abrupt change in CEO, delivered after the market close Thursday, underscore the challenges that the company faces in transitioning its software business into the cloud to compete with smaller but fast-growing rivals such as Salesforce.com (CRM) and Workday. Workday (WDAY) last month reported better than expected Q2 earnings. Oracle (ORCL) stock was down more than 4.5% in early trading in the stock

Workday’s Losses Weigh Despite Price Target Hikes

Workday (WDAY) got price target hikes from at least three investment banks after its Q2 earnings late Wednesday beat expectations, but the company remains firmly in the red as its rising costs outpace its fast revenue growth. Workday stock was down more than 2% in early trading in the stock market today, near 88. The maker of HR, financial and recruiting software delivered via the Internet cloud posted a 74% jump in year-over-year revenue for its

Workday Fiscal Q2 Beats As Fast Growth Continues

Workday lived up to its reputation as a high-growth company late Wednesday, reporting a 74% jump in Q2 revenue that topped Wall Street expectations. The maker of cloud HR, financial and recruiting software also gave Q3 sales guidance that beat views as the company continues to successfully challenge much larger rivals Oracle (ORCL), IBM (IBM) and others in its enterprise software markets. Workday (WDAY) stock was up a fraction in after-hours