Workday, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2021
November 18, 2021 at 04:01 pm EST
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Workday, Inc. reported earnings results for the third quarter and nine months ended October 31, 2021. For the third quarter, the company reported revenue was USD 1,327.26 million compared to USD 1,105.96 million a year ago. Net income was USD 43.41 million compared to net loss of USD 24.34 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.
For the nine months, revenue was USD 3,762.66 million compared to USD 3,186.31 million a year ago. Net income was USD 102.63 million compared to net loss of USD 210.72 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to basic loss per share from continuing operations of USD 0.89 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to diluted loss per share from continuing operations of USD 0.89 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. 
