secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2022-11-29T23:59:59+00:00
Accession:  0001327811-22-000182
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781122000182/0001327811-22-000182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781122000182/wday-20221129.htm
  HTML page:      https://secwatch.observer/filing/0001327811-22-000182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer