Workday (WDAY) Tops Q1 EPS by 14c, Offers Outlook

Workday (NASDAQ: WDAY) reported Q1 EPS of $0.87, $0.14 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.18 million versus the consensus estimate of $1.16 million.

Guidance:

“As a result, we are raising our fiscal 2022 guidance for subscription revenue to a range of $4.425 to $4.440 billion, growth of 17%. We expect second-quarter subscription revenue of $1.095 billion to $1.097 billion, growth of 18%. We are also raising our fiscal 2022 non-GAAP operating margin guidance to a range of 18% to 19%.

For earnings history and earnings-related data on Workday (WDAY) click here.

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