PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Workday Inc. (WDAY) on Thursday reported fiscal first-quarter net income of $107 million.
The Pleasanton, California-based company said it had net income of 40 cents per share. Earnings, adjusted for stock option expense and amortization costs, were $1.74 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
The maker of human resources software posted revenue of $1.99 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $1.97 billion.
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