Workday Earnings, Revenue Beat in Q2
2022.08.25 23:14
Workday Earnings, Revenue Beat in Q2
Investing.com – Workday (NASDAQ:WDAY) reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Workday announced earnings per share of $0.83 on revenue of $1.54B. Analysts polled by Investing.com anticipated EPS of $0.7949 on revenue of $1.52B.
Workday shares are down 40.57% from the beginning of the year, still down 47.25% from its 52 week high of $307.81 set on November 17, 2021. They are under-performing the Nasdaq which is down 19.21% from the start of the year.
Workday shares gained 10.56% in after-hours trade following the report.
Workday follows other major Information Technology sector earnings this month
Workday’s report follows an earnings beat by Apple on July 28, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.79B.
NVIDIA had missed expectations on Wednesday with second quarter EPS of $0.51 on revenue of $6.7B, compared to forecast for EPS of $0.5297 on revenue of $6.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
