Workday (WDAY) continues to successfully challenge Oracle (ORCL) and SAP (SAP) in the human capital management software market while gaining traction with its financial service software product. That is the upshot from the company’s fourth-quarter report it released after the market close Wednesday. The company beat analyst views for its revenue while its loss per share was 3 cents less than expected. Workday’s revenue outlook for the current
Workday, a fast-growing but money-losing cloud software leader, late Wednesday reported Q4 earnings and sales that beat expectations, as did its Q1 sales guidance. Workday (WDAY) stock was up 3% in after-hours trading Wednesday after releasing its results. Shares rose 1.6% in the regular session to 100.28, after touching a record high of 102.26 on Tuesday. Workday stock is up 80% in the past year. Workday’s cloud product has fueled fast growth
Workday (WDAY) is expected to continue its rocket growth when the maker of HR software posts its Q4 earnings after the market close Wednesday, but some analysts question its strategy for its financials product that is viewed as a big market opportunity. Workday has made a habit out of posting big revenue growth, including 76% year-over-year quarterly growth in Q3, as the company challenges older, larger rivals Oracle (ORCL) and SAP (SAP) in the