Shares of Workday (NASDAQ:WDAY) moved higher by 11.4% in after-market trading after the company reported Q2 results.
Earnings per share increased 90.91% over the past year to $0.84, which beat the estimate of $0.66.
Revenue of $1,062,000,000 rose by 19.63% year over year, which beat the estimate of $1,040,000,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Aug 27, 2020
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/gop59qud
Recent Stock Performance
52-week high: $214.95
Company's 52-week low was at $107.75
Price action over last quarter: Up 30.36%
Workday is a software-as-a-service provider that offers enterprise resource planning software for medium and large enterprises. The firm's roots are in ERP software vendor PeopleSoft, which was founded by Workday cofounder David Duffield, while fellow Workday cofounder Aneel Bhusri served as vice chairman at PeopleSoft. The company's product portfolio is centered on human capital and financial management software, though it continues to add new applications to the product set. Just over 75% of the firm's revenue comes from the U.S.
See more from Benzinga
- Stocks That Hit 52-Week Highs On Thursday
- Earnings Scheduled For August 27, 2020
- Stocks That Hit 52-Week Highs On Wednesday
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.