Workday: Fiscal Q4 Earnings Snapshot

PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Workday Inc. (WDAY) on Tuesday reported fiscal fourth-quarter net income of $94 million.

On a per-share basis, the Pleasanton, California-based company said it had profit of 35 cents. Earnings, adjusted for stock option expense and non-recurring costs, were $1.92 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.

The maker of human resources software posted revenue of $2.21 billion in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $2.18 billion.

For the year, the company reported profit of $526 million, or $1.95 per share. Revenue was reported as $8.45 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDAY at https://www.zacks.com/ap/WDAY

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