Workday Drops 5%: FYQ1 Beats, Q2 Rev View In-Line

Tech Trader Daily
By Tiernan RayMay 26, 2015, 4:12 pm27 pts
Cloud computing software vendor Workday (WDAY) this afternoon reported fiscal Q1 revenue and earnings that topped analysts’ expectations, but its shares declined in late trading on a merely in-line revenue forecast for this quarter. Revenue in the three months ended in April rose 57%, year over year, to $251…

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