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Strategies & Market Trends : The New Economy and its Winners

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From: Bill Harmond	5/27/2014 5:58:33 PM
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27-May-14 16:06 ET In Play Workday beats by $0.02, beats on revs; guides Q2 revs above consensus; guides FY15 revs in-line (82.13 +3.83) : Reports Q1 (Apr) loss of $0.13 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus Estimate of ($0.15); revenues rose 74.3% year/year to $159.7 mln vs the $152.39 mln consensus. Total billings in the first quarter were $208 million and benefited from several new large customers. Co issues upside guidance for Q2, sees Q2 revs of $173-178 mln vs. $171.66 mln Capital IQ Consensus Estimate. Co issues in-line guidance for FY15, sees FY15 revs of $730-750 mln vs. $734.65 mln Capital IQ Consensus Estimate. WDAY sees FY15 billings in the range of $890-910 mln.

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