PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Workday Inc. (WDAY) on Thursday reported fiscal first-quarter net income of $68 million.
The Pleasanton, California-based company said it had profit of 25 cents per share. Earnings, adjusted for stock option expense and restructuring costs, came to $2.23 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.
The maker of human resources software posted revenue of $2.24 billion in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $2.22 billion.
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