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

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