Reported 5 months ago
Workday reported better-than-expected first-quarter earnings per share of $1.74 and revenue in line with estimates at $1.99 billion but cut its full-year subscription guidance due to lower customer headcount growth. The company's CFO mentioned the updated guidance reflects elevated sales scrutiny. This news caused Workday's stock to tumble by 8%. Analysts are interested in the company's financial and HR products, international trends, and the impact of investments in AI on sales, marketing, and R&D.
Source: YAHOO