Workday Announces Fiscal 2021 Third Quarter Financial Results

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Go back to Workday Announces Fiscal 2021 Third Quarter Financial Results

Workday (WDAY) Tops Q3 EPS by 19c, Revenues Beat; Raises Outlook

November 19, 2020 4:05 PM EST

Workday (NASDAQ: WDAY) reported Q3 EPS of $0.86, $0.19 better than the analyst estimate of $0.67. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.09 billion.

Fiscal 2021 Third Quarter Results

Total revenues were $1.11 billion, an increase of 17.9% from the third quarter of fiscal 2020. Subscription revenue was $968.5 million, an increase of 21.3% from the same period last year.Operating loss was $14.1 million, or negative 1.3% of revenues, compared to an operating loss of $110.3 million, or negative 11.8% of revenues, in the same period last year. Non-GAAP operating income for the third quarter was $268.1 million, or... More