Workday Q3 FY2024: Revenue $1.87B (+16.7%), raises subscription revenue guidance to $6.598B

Workday, Inc.

2024-Q3 EPS reported $0.73 revenue$5,336,753,000

Subscription revenue $1.69B (+18.1% YoY); total revenue $1.87B (+16.7% YoY).
Operating income $87.9M vs. loss of $26.3M a year ago; non-GAAP operating income $462.1M (24.8% margin).
Diluted EPS $0.43 vs. loss of $0.29; non-GAAP diluted EPS $1.53 vs. $0.99.
Raised FY2024 subscription revenue guidance to $6.598B (19% YoY) and non-GAAP operating margin to 23.8%.
12-month subscription backlog $6.05B (+21.9%); free cash flow $390.8M; EMEA surpassed $1B ARR.

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 third quarter ended October 31, 2023 results: revenue $1.87 billion, net income $0.43 per share, EPS diluted net income per share was $0.43. Guidance raised.

Period: fiscal 2024 third quarter ended October 31, 2023
Revenue: $1.87 billion
Net income: $0.43 per share
EPS: diluted net income per share was $0.43
Guidance: raised
Result: reported results

Exact text from the filing

Workday Announces Fiscal 2024 Third Quarter Financial Results Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year 12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, Calif., November 28, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , today announced results for the fiscal 2024 third quarter ended October 31, 2023.

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Source: SEC EDGAR

accession 0001327811-23-000200

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