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NAS:WDAY, Sep 30, 04:05 UTC

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Friday, August 28


News

Workday (WDAY) Tops on Q2 Earnings & Revenues, Stock Rises

WDAY

Workday, Inc. WDAY reported second-quarter fiscal 2021 non-GAAP earnings of 84 cents per share, which outpaced the Zacks Consensus Estimate by 29.2%. Backlogs from Subscription revenues were $8.6 billion, up 22.3% year over year, primarily driven by robust growth in new ACV bookings through both net new and add-on business domains, and deal renewals, and net retention of customers. The company witnessed the rapid deployment of HCM solution in the fiscal second quarter, which was selected by IB, Air Liquide, the State of Oklahoma and notable manufacturing company based in Germany, Thyssenkrupp. Workday generated operating cash flow of $157.2 million compared with the prior-quarter figure of $264 million. As of Jul 31, 2020, total unearned revenues (including non-current portion) were $2.07 billion compared with $2.09 billion as of Apr 30, 2020.

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News

Back To Workday: WDAY Shares Surge On Earnings, Revenue Beat

WDAY ULTA

{{monthName}} {{day}}, {{year}}, {{hour12}}:{{minuteTwoDigit}} {{dayPeriod}}. As investors and traders continued to digest the Fed’s policy shift on inflation and employment, Wall Street had a positive tone this morning. The rebound in equities has been due in no small part to actions from the Federal Reserve, which on Thursday gave the market another shot in the arm by announcing a policy shift that effectively means interest rates will stay near zero for a long time. On the face of it, you might not expect a gain of 1.79% – the best of the SPX sectors – in Financials on a day when the Fed announced an employment policy that could keep interest rates lower for longer than previously expected. After all, banks make money when the interest they earn on long-term loans exceeds what they pay out in short-term rates on deposits. But instead of the longer-term rate implications of a looser central bank monetary policy in relation to the labor market, investors instead appeared to be focusing on the potential for higher inflation from the Fed’s new targeting policy.

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News

Workday Inc (WDAY) Q2 2021 Earnings Call Transcript

WDAY

On the call we have Aneel Bhusri, our Co-CEO; Chano Fernandez, our Co-CEO; Robynne Sisco, our President and CFO; Tom Bogan, our Vice Chairman; and Pete Schlampp, our Executive Vice President of Product Development. We had another strong quarter for Workday HCM. While the migration to the cloud continues with notable customer additions, including Air Liquide, HighV, the State of Oklahoma and German manufacturing leader, ThyssenKrupp. We once again saw solid demand for our expanding suite of products that support the Office of the CFO and Chief Procurement Officer, including Workday Adaptive Planning, Prism Analytics and Spend Management, where we now support more than 1,000 procurement customers. I look forward to continuing our partnership, supporting you in your new role. As Aneel and Chano both noted, Q2 was a very solid quarter despite an uncertain environment, driven by strong execution against a slightly improved market backdrop as many companies continued with their digital transformation initiatives.

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Wednesday, August 26


News

Workday share price: what to expect from Q2 earnings

WDAY

79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. In August, in the build up to its upcoming earnings, the share price has gained just shy of 7.3% to sit at $194.03 on 25 July. Elsewhere, Investors’ Business Daily data has Workday down to earn $0.66 a share for the July quarter, with revenue coming in at $1.04bn. For full-year earnings per share, analysts at IBD expect a 20% rise for the fiscal year, which ends in January 2021.

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Monday, July 27


News

Paradox Bolsters Board of Directors, Adding Former Workday and SAP Executives, and a Renowned Stanford University Professor

WDAY SAP

Paradox, the conversational AI platform helping talent acquisition teams at organizations like McDonald’s, CVS Health, and Unilever create the most candidate-centric companies on earth, announced today the appointment of former Workday CIO Diana McKenzie, former SAP Chief Strategy Officer Deepak Krishnamurthy, and Stanford University professor Huggy Rao to its board of directors. Unlike typical Silicon Valley companies whose boards are dominated by investors, Paradox founder and CEO Aaron Matos said he was intentional about building a board that prioritized innovation, client value, and inclusivity. "When we founded Paradox, I made a commitment to building the best possible team to build the best possible products for our clients," said Matos, who will continue to serve on Paradox’s board. "I’ve spent my career championing next generation technology and I truly believe Paradox will have a transformative impact on the talent acquisition experience — both for candidates and recruiting teams," said McKenzie.

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Wednesday, July 15


News

Interview: Workday defines its commitment to local NZ businesses

WDAY

We spoke to Workday Australia and New Zealand managing director & vice president Stephen Jack to learn more about the company’s New Zealand commitment. Jack says that the centre forms part of the company’s ‘follow the sun approach’ and complements the Dublin, Ireland and Pleasanton, California support centres to provide 24/7 support.The company is also expanding its local workforce. Jack explains how the compliance team works with the business on the ground, and across the globe, to define, implement and monitor policies and procedures related to data handling and data protection, and build and maintain customer trust through the facilitation of third-party audits and certifications. Because the team is based in Asia Pacific, it can respond dynamically to local requirements. “For example, when large customers are requesting specific new features, our support team can bring insights from other customers who would benefit from that same feature and therefore identify opportunities for development that resonates with Asia Pacific customers.”.

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Wednesday, July 08


News

Workday Named a Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises Nasdaq:WDAY

WDAY

July 08, 2020 09:00 ET | Source:Workday, Inc. PLEASANTON, Calif., July 08, 2020 (GLOBE NEWSWIRE) -- Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2020 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises* for the fourth year in a row. Workday continues to invest in its core financial suite offering, Workday Financial Management, which has been selected by more than 900 customers, including Aon, CNA, Equiniti, Georgetown University, and Panera Bread, to manage their finance and accounting in the cloud. The company’s broad portfolio of finance applications including Workday Financial Management, Workday Adaptive Planning, Workday Prism Analytics, and Scout RFP, together deliver a deep and comprehensive solution for enterprise planning and analysis, record to report, contract to cash, and source to pay. New capabilities available for Workday Financial Management address three key areas that enable the office of finance to shift focus to more strategic, value-add projects: automation, where the goal is to deliver touchless financial transactions; zero-day-close, utilizing machine learning to surface errors and anomalies, for example in the general ledger with journal insights; and predictive processes, where machine learning recommendations will streamline operations such as customer payment matching and project staffing.

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News

Workday Named a Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises

WDAY

PLEASANTON, Calif., July 08, 2020 (GLOBE NEWSWIRE) -- Workday (WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2020 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises* for the fourth year in a row. Workday continues to invest in its core financial suite offering, Workday Financial Management, which has been selected by more than 900 customers, including Aon, CNA, Equiniti, Georgetown University, and Panera Bread, to manage their finance and accounting in the cloud. The company’s broad portfolio of finance applications including Workday Financial Management, Workday Adaptive Planning, Workday Prism Analytics, and Scout RFP, together deliver a deep and comprehensive solution for enterprise planning and analysis, record to report, contract to cash, and source to pay. New capabilities available for Workday Financial Management address three key areas that enable the office of finance to shift focus to more strategic, value-add projects: automation, where the goal is to deliver touchless financial transactions; zero-day-close, utilizing machine learning to surface errors and anomalies, for example in the general ledger with journal insights; and predictive processes, where machine learning recommendations will streamline operations such as customer payment matching and project staffing.

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  • Science

Friday, June 26


News

Why Is Workday (WDAY) Up 2% Since Last Earnings Report?

WDAY

It has been about a month since the last earnings report for Workday (WDAY). Will the recent positive trend continue leading up to its next earnings release, or is Workday due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Moreover, companies like Prudential Company of America, the U.K.-based Natwest Group and Spain-based Banco Santander, went live with Workday’s HCM solutions during the fiscal fourth quarter.Margin HighlightsNon-GAAP expenses pertaining to Product development, Sales and marketing, and General and administrative climbed 23.9% year over year to $621.3 million. As a percentage of revenues, the figure came in at 63.6%, flat on a year-over-year basis.The company generated non-GAAP operating income of $116.6 million, up 25.8% year over year.Non-GAAP operating margin expanded 10 bps on a year-over-year basis to 11.9% on higher revenue base.Balance Sheet & Cash FlowCash, cash equivalents and marketable securities were $1.94 billion as of Jan 31, 2020, compared with $2.10 billion as of Oct 31, 2019.Workday generated operating cash flow of $297.1 million compared with prior-quarter figure of $258 million.GuidanceFor first-quarter fiscal 2021, Workday expects subscription revenues in the range of $873-$875 million (indicating year-over-year growth of 25%).

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Friday, May 22


News

Top Analyst Reports for NIKE, Workday & Allstate

WDAY NKE +1 more WDAY NKE ALL

Today's Research Daily features new research reports on 16 major stocks, including NIKE (NKE), Workday (WDAY) and Allstate (ALL). The Zacks analyst believes that the use of its digital ecosystem as a key playbook to combat the COVID-19 crisis, has been receiving applause. The Zacks analyst believes that the company is likely to benefit from solid adoption of subscription and professional software solutions. Workday’s foray into the platform-as-a-service market by launching the Workday Data-as-a-Service Platform also holds promise. However, stiff competition from Oracle and SAP is likely to limit margin expansion at least in the near term.

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