earnings
confidence high
sentiment neutral
materiality 0.85
Workday Q2 FY2023: Rev $1.54B (+22% YoY), GAAP EPS -$0.25, backlog grows 27%
Workday, Inc.
2023-Q2 EPS reported
-$0.66
revenue$2,970,455,000
- Total revenues $1.54B, up 21.9% YoY; subscription revenues $1.37B, up 22.8% YoY.
- GAAP operating loss $34.1M vs loss $1.1M prior year; Non-GAAP operating income $301.6M (19.6% margin).
- GAAP diluted net loss per share $0.25 vs prior year $0.41 income; Non-GAAP diluted EPS $0.83 vs $1.23.
- Total subscription backlog $13.47B (+27.4% YoY); 24-month backlog $8.37B (+21.7% YoY).
- FY23 subscription revenue guidance maintained at $5.537B-$5.557B; non-GAAP op. margin guidance raised to 19.0%.