As the SPX losing streak extends to 4 days, Kevin Green says "getting off the lows of the session is a win" and thinks a counter-trend rally could be in the cards tomorrow. Caroline Woods joins Kevin and Oliver Renick for reaction to Workday (WDAY) earnings following a better-than-expected report and an upbeat outlook.
Workday beat Wall Street expectations for fourth-quarter revenue on Tuesday, benefiting from strong demand for its human capital management software as clients increased spending in an easing economy.
Workday's fiscal fourth quarter exceeded expectations, with 15% revenue growth. The stock jumped in extended trading.
Workday, Inc. WDAY will release its fourth-quarter financial results, after the closing bell, on Tuesday, Feb. 25, 2025.
Workday's fourth-quarter fiscal 2025 results are expected to reflect y/y top-line growth, driven by healthy demand across several sectors.
In the most recent trading session, Workday (WDAY) closed at $261.63, indicating a +0.2% shift from the previous trading day.
Get a deeper insight into the potential performance of Workday (WDAY) for the quarter ended January 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
WDAY introduces a cutting edge solution to streamline AI management across organizations' operations.
It's been a rough week for the tech industry. First, Salesforce announced it would lay off more than 1,000 employees, and now another enterprise software maker has announced even deeper job cuts.
Workday (WDAY) announced in a regulatory filing Wednesday that it plans to lay off approximately 1,750 employees, or 8.5% of its workforce, as part of a restructuring plan.
Workday is cutting about 1,750 jobs, or 8.5% of its workforce.