earnings
confidence high
sentiment neutral
materiality 0.70
Workday Q1 FY2023 revenue $1.43B (+22.1% YoY); raises FY2023 subscription revenue guidance
Workday, Inc.
2023-Q1 EPS reported
-$0.41
revenue$1,434,657,000
- GAAP EPS loss of $0.41 vs loss $0.19 YoY; Non-GAAP diluted EPS $0.83 vs $0.87 YoY.
- Subscription revenue $1.27B (+23.2% YoY); total subscription backlog $12.65B (+25.5%).
- Operating loss $72.8M (GAAP); Non-GAAP operating income $288.6M, margin 20.1% vs 24.6% YoY.
- FY2023 subscription revenue guidance raised to $5.537-5.557B (22% growth); Q2 guidance $1.353-1.355B.
- Cash and marketable securities $6.26B; operating cash flow $439.7M.