Workday Cloud Q2 Revenue Guidance Light, But Q1 Beats

By | May 26, 2015

Scalper1 News

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, Scalper1 News

Scalper1 News