Workday reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.41 on revenue of $788.6M. Analysts polled by forecast EPS of $0.32 on revenue of $776.78M. That compared to EPS of $0.28 on revenue of $582.48M in the same period a year earlier. The company had reported EPS of $0.31 on revenue of $743.19M in the previous quarter.
Workday shares lost 0.98% to trade at $196.00 in after-hours trade following the report.
Workday follows other major Technology sector earnings this month
On January 30, Microsoft reported second quarter EPS of $1.1 on revenue of $32.47B, compared to forecasts of EPS of $1.09 on revenue of $32.47B.
Alphabet A earnings beat analyst's expectations on February 4, with fourth quarter EPS of $12.77 on revenue of $39.28B. analysts expected EPS of $10.88 on revenue of $38.91B
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