Workday (WDAY) Tops Q4 EPS by 8c, Beats on Revenues

Workday (NASDAQ: WDAY) reported Q4 EPS of $0.28, $0.08 better than the analyst estimate of $0.20. Revenue for the quarter came in at $582.5 million versus the consensus estimate of $573.69 million.

Fiscal Fourth Quarter Results

• Total revenues were $582.5 million, an increase of 32.5% from the fourth quarter of fiscal 2017. Subscription revenues were $490.0 million, an increase of 33.7% from the same period last year.
• Operating loss was $81.3 million, or negative 14.0% of revenues, compared to an operating loss of $88.9 million, or negative 20.2% of revenues, in the same period last year. Non-GAAP operating profit for the fourth quarter was $55.5 million, or 9.5% of revenues, compared to a non-GAAP operating profit of $25.3 million, or 5.8% of revenues, in the same period last year.1
• Net loss per basic and diluted share was $0.42, compared to a net loss per basic and diluted share of $0.44 in the fourth quarter of fiscal 2017. Non-GAAP net income per diluted share was $0.28, compared to a non-GAAP net income per diluted share of $0.16 in the same period last year.1

For earnings history and earnings-related data on Workday (WDAY) click here.

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