Workday, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2024
February 26, 2024 at 09:03 pm
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Workday, Inc. reported earnings results for the fourth quarter and full year ended January 31, 2024. For the fourth quarter, the company reported revenue was USD 1,922 million compared to USD 1,646 million a year ago. Net income was USD 1,188 million compared to net loss of USD 126 million a year ago. Basic earnings per share from continuing operations was USD 4.52 compared to basic loss per share from continuing operations of USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 4.42 compared to diluted loss per share from continuing operations of USD 0.49 a year ago.
For the full year, revenue was USD 7,259 million compared to USD 6,216 million a year ago. Net income was USD 1,381 million compared to net loss of USD 367 million a year ago. Basic earnings per share from continuing operations was USD 5.28 compared to basic loss per share from continuing operations of USD 1.44 a year ago. Diluted earnings per share from continuing operations was USD 5.21 compared to diluted loss per share from continuing operations of USD 1.44 a year ago.
Workday Inc. is specialized in the publishing of cloud-based management software for businesses, educational institutions and government bodies. The group offers financial management and human resources and analytical solutions for the finance, technology, communications, professional services, healthcare, pharmaceuticals, insurance, manufacturing, distribution, hotel, higher education and government administration sectors.
Net sales by source of income break down between sales and subscriptions (89.6%) and professional services (10.4%).
75.3% of the revenue is generated in the United States.