
WASHINGTON (dpa-AFX) - Workday, Inc. (WDAY) revealed earnings for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $68 million, or $0.25 per share. This compares with $107 million, or $0.40 per share, last year.
Excluding items, Workday, Inc. reported adjusted earnings of $2.23 per share for the period.
Analysts on average had expected the company to earn $2.01 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.6% to $2.240 billion from $1.990 billion last year.
Workday, Inc. earnings at a glance (GAAP) :
-Earnings: $68 Mln. vs. $107 Mln. last year. -EPS: $0.25 vs. $0.40 last year. -Revenue: $2.240 Bln vs. $1.990 Bln last year.
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