Workday Q1 Billings Seen Lighter Than Expected

By | May 26, 2015

Scalper1 News

Workday hit on most cylinders last quarter, but its Q1 billings and its outlook for the current quarter left investors looking for more. Workday (WDAY) stock was down 7% in after-hours trading Tuesday, after the maker of cloud-based HR software posted fiscal Q1 earnings late Tuesday that handily beat analyst estimates but gave Q2 sales guidance that fell short of views. But it was likely Q1 billings of $271.6 million that flummoxed some investors, Scalper1 News

Scalper1 News