FMP

FMP

Workday Beats Q1, But Stock Falls 10% on Muted Guidance

-

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

Workday (NASDAQ:WDAY) delivered first-quarter results that exceeded expectations on both earnings and revenue, but shares fell over 10% intra-day today as guidance for the current quarter and full year underwhelmed investors.

The enterprise cloud software provider posted adjusted EPS of $2.23, topping the $2.01 consensus. Revenue rose 12.6% year-over-year to $2.24 billion, slightly ahead of analyst estimates of $2.22 billion.

Despite the solid beat, Workday's guidance failed to spark enthusiasm. The company projected Q2 subscription revenue of $2.16 billion, reflecting 13.5% growth—below the high-growth momentum seen in prior periods. Full-year fiscal 2026 subscription revenue was reiterated at $8.8 billion, representing a 14% annual increase, which some investors viewed as conservative given the company’s positioning in AI-driven enterprise software.

Other Blogs

Nov 22, 2024 5:08 AM - Parth Sanghvi

Fundamental Analysis: Principles, Types, and How to Use It

Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...

blog post title

Dec 17, 2024 8:58 AM - Sanzhi Kobzhan

Examining Tesla’s Financial Health Using FinancialModelingPrep’s Ratios API

Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...

blog post title

Dec 22, 2024 7:59 AM - Sanzhi Kobzhan

Two great Software Platform Stocks Similar to Palantir (PLTR)

When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...

blog post title