Workday Q3 FY23 revenue $1.60B (+20.5%); raises FY23 sub. guidance, $500M buyback

Workday, Inc.

2023-Q3 EPS reported -$0.95 revenue$4,569,558,000

Subscription revenue $1.43B (+22.3% YoY); total subscription backlog $14.10B (+28.5%).
GAAP operating loss $26.3M vs prior year income of $23.9M; non-GAAP op. margin 19.7% (down from 25.0%).
GAAP diluted loss per share $0.29 vs prior year EPS $0.17; non-GAAP diluted EPS $0.99 vs $1.10.
Raises FY23 subscription revenue guidance to $5.555-5.557B (22% growth); non-GAAP op. margin guidance to 19.2%.
Board authorizes $500M share repurchase program over 18 months.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Workday, Inc. reported fiscal 2023 third quarter ended October 31, 2022 results: revenue $1.60 billion, EPS $0.29. Guidance raised.

Period: fiscal 2023 third quarter ended October 31, 2022
Revenue: $1.60 billion
EPS: $0.29
Guidance: raised
Result: reported results

Exact text from the filing

under Regulation FD. Section 8 – Other Events --- EX-99.1 (EX-99.1) --- Workday Announces Fiscal 2023 Third Quarter Financial Results Fiscal Third Quarter Total Revenues of $1.60 Billion, Up 20.5% Year Over Year Subscription Revenues of $1.43 Billion, Up 22.3% Year Over Year 24-Month Subscription Revenue Backlog of $8.62 Billion, Up 21.1% Year Over Year Total

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Workday, Inc. filing history →

Source: SEC EDGAR

accession 0001327811-22-000182

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