Workday beats quarterly revenue estimates on steady demand

Quick Summary:

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.

Shares of the California-based company rose 6.7 per cent in extended trading.

The company's incorporation of generative artificial intelligence (GenAI) and machine learning into its product offerings has further improved investor confidence.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeSwitzerland

Topics: Subscription Expectations 2025 Company Demand Revenue Quarter Billion January Workday Management

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 05:28:38 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 353 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26444716

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 54 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 54 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions