Piper Jaffray Takes Victory Lap After Weak Workday (WDAY) Guidance

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Go back to Piper Jaffray Takes Victory Lap After Weak Workday (WDAY) Guidance

Wedbush Downgrades Workday (WDAY) to Neutral

November 20, 2015 7:18 AM EST

Wedbush downgraded Workday (NYSE: WDAY) from Outperform to Neutral with a price target of $84.00 (from $99.00), citing disappointing deceleration.

Analyst Steve Koenig commented, "WDAYs 3Q revenue beat was modest ($2M above consensus). Over the last two quarters, subscription growth has declined... More

Workday (WDAY) Reports Q3 Loss Per Share of 41c, Offers Q4 Guidance

November 19, 2015 4:05 PM EST

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... More