Workday, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2022
August 25, 2022 at 04:21 pm EDT
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Workday, Inc. reported earnings results for the second quarter and six months ended July 31, 2022. For the second quarter, the company reported revenue was USD 1,535.8 million compared to USD 1,260.36 million a year ago. Net loss was USD 64.16 million compared to net income of USD 105.74 million a year ago.
For the six months, revenue was USD 2,970.46 million compared to USD 2,435.39 million a year ago. Net loss was USD 166.33 million compared to net income of USD 59.21 million 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.
WORKDAY INC. 
