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Workday: Fiscal 1Q Earnings Snapshot

PLEASANTON, Calif. (AP) _ Workday Inc. (WDAY) on Tuesday reported a loss of $116.3 million in its fiscal first quarter.

On a per-share basis, the Pleasanton, California-based company said it had a loss of 52 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 43 cents per share.

The results beat Wall Street expectations. The average estimate of 35 analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.

The maker of human resources software posted revenue of $825.1 million in the period, also surpassing Street forecasts. Thirty-six analysts surveyed by Zacks expected $814.7 million.

Workday shares have climbed 33% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $212.49, a rise of 62% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDAY at https://www.zacks.com/ap/WDAY