PLEASANTON, Calif. (AP) _ Workday Inc. (WDAY) on Thursday reported a loss of $71.7 million in its fiscal fourth quarter.

The Pleasanton, California-based company said it had a loss of 30 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 73 cents per share.

The results exceeded Wall Street expectations. The average estimate of 24 analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.

The maker of human resources software posted revenue of $1.13 billion in the period, which also beat Street forecasts. Twenty-six analysts surveyed by Zacks expected $1.11 billion.

For the year, the company reported that its loss narrowed to $282.4 million, or $1.19 per share. Revenue was reported as $4.32 billion.

Workday shares have risen almost 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $251.19, an increase of 43% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDAY at https://www.zacks.com/ap/WDAY

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