Workday Reports Q2 Earnings Beat But Guidance Falls Short
Macro·2 articles across 2 outlets
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Workday Inc. reported Q2 earnings that topped estimates, but its subscription sales guidance only met expectations.
The company's future sales measure fell short of analysts’ projections, blunting recent momentum from Wall Street’s renewed enthusiasm for the software sector.
Workday
Sources
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SourceReports the news
“Workday Inc., a maker of workplace management software, reported a measure of future sales that fell short of analysts’ projections, blunting recent momentum from Wall Street’s renewed enthusiasm for the software sector.”
Bloomberg — Workday Posts Lukewarm Results, Blunting Recent Software Gains“Workday stock fell amid Q2 earnings that topped estimates while subscription sales guidance only met expectations.”
IBD — Workday Stock Falls As Earnings Beat, Guidance Underwhelms