On Wednesday, Shares of Workday, Inc. (NASDAQ: WDAY) showed the bullish trend with a higher momentum of 1.23% and ended its trading session at $134.38. The company traded total volume of 169.32K shares as contrast to its average volume of 1.82M shares. The company has a market value of $28.06B and about 211.35M shares outstanding. During the 52-week trading session, the minimum price at which share price traded was registered at $95.35 and reached the max level of $140.00.
Workday, Inc. (WDAY), a leader in enterprise cloud applications for finance and human resources, recently declared results for the fiscal 2019 first quarter ended April 30, 2018.
Fiscal First Quarter Results
- Total revenues were $618.60M, a boost of 28.9% from the first quarter of fiscal 2018. Subscription revenues were $522.10M, a boost of 30.6% from the same period last year.
- Operating loss was $71.30M, or negative 11.5% of revenues, contrast to an operating loss of $60.20M, or negative 12.5% of revenues, in the same period last year. Non-GAAP operating income for the first quarter was $80.80M, or 13.1% of revenues, contrast to a non-GAAP operating income of $61.00M, or 12.7% of revenues, in the same period last year. Net loss per basic and diluted share was $0.35, contrast to a net loss per basic and diluted share of $0.31 in the first quarter of fiscal 2018. Non-GAAP net income per diluted share was $0.33, contrast to a non-GAAP net income per diluted share of $0.29 in the same period last year.
- Operating cash flows were $184.20M and free cash flows were $135.40M.3
- Cash, cash equivalents, and marketable securities were $3.40B as of April 30, 2018. Unearned revenues were over $1.40B, a 17.9% increase from the same period last year.
The Company offered net profit margin of -14.50% while its gross profit margin was 70.60%. ROE was recorded as -21.60% while beta factor was 1.94. The stock, as of recent close, has shown the weekly upbeat performance of 7.04% which was maintained at 30.48% in this year.