logo
Share SHARE
FONT-SIZE Plus   Neg

Workday Q1 Loss Widens; Lifts FY14 Revenue Outlook - Quick Facts

Workday Inc. (WDAY), a provider of enterprise cloud-based applications, Wednesday reported first-quarter net loss attributable to common stockholders of $33.0 million, wider than $20.3 million in the year-ago period. Loss per share for the quarter narrowed to $0.20 from $0.61 in the previous year quarter.

Excluding items, loss for the quarter was $24.9 million, wider than $18.6 million last year. Loss per share for the latest first quarter narrowed to $0.15 from $0.57 in the comparable quarter last year.

Revenues for the quarter rose to $91.65 million from $56.82 million a year ago.

On average, analysts polled by Thomson Reuters estimated a loss of $0.18 per share on revenues of $86.91 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the second quarter of fiscal year 2014, the company expects revenues of $97 million to $101 million, or growth of 55% to 61% from the prior year. Analysts currently estimate revenues of $99.00 million.

For fiscal year 2014, the company expects revenues of $425 million to $440 million, or a growth of 75% to 80% from last year. Analysts currently expect revenues of $433.25 million.

Previously, the company expected fiscal 2014 revenues of $420 million to $435 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple Inc. (AAPL) has scheduled its annual hardware event on Wednesday, September 7, when the tech giant is expected to unveil the most-awaited smartphone of the year-- iPhone 7. Apple has sent out invitation to the media and published the event on its website with a simple title "See you on the 7th." Although,... Starbucks Corp. (SBUX) has opened its first outlet on the island of Trinidad, as the coffee giant continues its Caribbean expansion. The new store is now open in San Fernando, Trinidad's SouthPark Entertainment Complex. Starbucks opened its first store in the Caribbean region in San Juan, Puerto... Conroe, Texas-based Country Fresh LLC., is recalling 30,000 cases of various fresh-cut vegetable products, due to a potential contamination of Listeria. The contamination was discovered during a routine sample taken at a retail store by the Georgia Department of Agriculture, which revealed the finished...
comments powered by Disqus
Follow RTT