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Cloud Stocks: Workday Leverages AI in its Acquisitions

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its first quarter results that surpassed the market expectations. The company continues to expand offerings to diversify its reach within the organization. Workday's Financials Workday's first quarter revenues grew 17.4% to $1.68 billion, ahead of the Street's forecast of $1.66 billion. Non GAAP EPS was $1.13, ahead of the market's forecast of $1.11. By segment, Subscription services revenues grew 20.1% to $1.5 billion. Professional services revenues fell 3.8% to $156.4 million. For the second quarter, the market estimates revenues of $1.78 billion and an EPS of $1.17. It expects Workday to end the year with revenues of $7.2 billion and an EPS of $5.02. Workday did not provide an outlook. Workday's Partnerships Recently, Workday announced the expansion of its partnership with Alight, bringing a simplified and unified payroll experience to HR and other payroll professionals globally. The part ....

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Workday (WDAY) Q1 2024 Earnings Call Transcript

WDAY earnings call for the period ending March 31, 2023. ....

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Workday's Aneel Bhusri - AI can deliver on its possibilities, but needs to be regulated

Workday has been delivering AI, including Large Language Models, for years, says Bhusri. ....

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Workday Announces Fiscal 2024 First Quarter Financial Results

Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over YearSubscription Revenues of $1.53 Billion, Up 20.1% Year Over Year24-Month Subscription Revenue Backlog of. | May 25, 2023 ....

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Workday Announces Fiscal 2024 First Quarter Financial Results

/PRNewswire/ Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced results for the fiscal. ....

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