Workday (WDAY) Reports Q3 Loss Per Share of 41c, Offers Q4 Guidance
Workday (NYSE: WDAY) reported Q3 EPS of ($0.41), may not compare to the analyst estimate of ($0.04). Revenue for the quarter came in at $305.3 million versus the consensus estimate of $303.5 million.
"We had a strong third quarter, and welcomed our largest financial management and HCM customers to date," said Aneel Bhusri, co-founder and CEO, Workday. "Workday also delivered its best performance in new annual contract value for Workday Financial Management in the history of the company. As we continue this momentum, we are expanding our suite of applications and investing in global capabilities to help more finance organizations make the shift to the cloud with Workday."
"We are very pleased with our outstanding third quarter results," said Mark Peek, co-president and chief financial officer, Workday. "We once again generated record quarterly revenues and trailing twelve month operating cash flows. Looking ahead, we anticipate fourth quarter total revenues to be within a range of $317 and $320 million, or growth of 40% to 41% as compared to the prior year."
(Street sees Q4 revenue of $320.32 million)
For earnings history and earnings-related data on Workday (WDAY) click here.
