Workday Earnings, Revenue beat in Q1 By Investing.com
Workday reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Workday announced earnings per share of $0.87 on revenue of $1.18B. Analysts polled by Investing.com anticipated EPS of $0.7326 on revenue of $1.16B.
Workday shares are down 1.13% from the beginning of the year and are trading at $236.90 , down-from-52-week-high.They are under-performing the Nasdaq which is up 6.59% from the start of the year.
Workday follows other major Technology sector earnings this month
Workday’s report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar