institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Workday: Fiscal Q1 Earnings Snapshot

  • On Thursday, Workday Inc. Announced a net profit of $68 million for its first fiscal quarter, along with revenues totaling $2.24 billion.
  • The results exceeded Wall Street expectations, driven partly by 13.4% growth in subscription revenues compared to the previous year.
  • Operating income dropped to $39 million due to $166 million in restructuring expenses, though non-GAAP operating income rose to $677 million or 30.2% of revenues.
  • Workday CEO Carl Eschenbach highlighted the company’s strong quarterly performance, reflecting the resilience of their operations and the ongoing importance of their platform to CEOs focused on enhancing efficiency, agility, and growth.
  • Workday updated full-year subscription revenue guidance to $8.8 billion and planned up to $1 billion in share repurchases while continuing international expansion.
Insights by Ground AI
Does this summary seem wrong?

42 Articles

All
Left
4
Center
19
Right
2
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 76% of the sources are Center
76% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

DirectorsTalk Interviews broke the news in on Thursday, May 22, 2025.
Sources are mostly out of (0)