Workday Inc. (WDAY) reported a third quarter adjusted loss of $0.12 per share after the close Monday, compared to the consensus estimate of a loss of $0.17. Revenues increased 76 percent to $127.9 million from $72.62 million last year. Analysts expected revenues of $117.69 million. The stock is now up 4.73 on 285K shares.
Workday fell sharply during the first half hour of Monday's session and closed down by 0.77 at $73.30 on above average volume. The stock finished near the lower end of a 2-week range.
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