Workday Q1 revenue $1.68B (+17.4% YoY); raises FY2024 subscription guidance low-end

Workday, Inc.

2024-Q1 EPS reported $0.00 revenue$1,684,312,000

Subscription revenue $1.53B (+20.1% YoY); total revenue $1.68B (+17.4% YoY).
GAAP operating loss narrowed to $19.8M from $72.8M; non-GAAP operating income $395.9M (23.5% margin).
Non-GAAP diluted EPS $1.31 vs $0.83 YoY; GAAP EPS $0.00 (breakeven).
Raised FY2024 subscription revenue guidance to $6.550-6.575B (18% growth); Q2 guide $1.611-1.613B.
24-month subscription backlog $9.79B (+22.9% YoY); total backlog $16.65B (+31.6%).

item 2.02 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 2024 first quarter ended April 30, 2023 results: revenue Total revenues were $1.68 billion, EPS $0.00. Guidance raised.

Period: fiscal 2024 first quarter ended April 30, 2023
Revenue: Total revenues were $1.68 billion
EPS: $0.00
Guidance: raised
Result: reported results

Exact text from the filing

Section 9 – Financial Statements and Exhibits --- EX-99.1 (EX-99.1) --- Workday Announces Fiscal 2024 First Quarter Financial Results Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over Year Subscription Revenues of $1.53 Billion, Up 20.1% Year Over Year 24-Month Subscription Revenue Backlog of $9.79 Billion, Up 22.9% Year Over Year Total

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Workday, Inc. filing history →

Source: SEC EDGAR

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