earnings
confidence high
sentiment positive
materiality 0.75
Workday Q2 FY2024 rev $1.79B (+16.3%), EPS $0.30; raises FY subscription rev guidance to $6.57-6.59B
Workday, Inc.
2024-Q2 EPS reported
$0.30
revenue$3,471,078,000
- Subscription revenue $1.62B (+18.8% YoY); total subscription backlog $17.85B (+32.5% YoY).
- Non-GAAP operating income $421M (23.6% margin) vs $302M (19.6%) a year ago.
- Operating cash flow $425M vs $114M prior year; cash and securities $6.66B.
- FY2024 subscription revenue guidance raised to $6.570-6.590B (18% growth); Q3 sub rev guidance $1.678-1.680B.
- Non-GAAP operating margin guidance raised to 23.5%; Emma Chalwin appointed CMO.