Investing.com - Workday reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.43 on revenue of $825.1M. Analysts polled by Investing.com anticipated EPS of $0.41 on revenue of $814.15M. That compared to EPS of $0.33 on revenue of $618.64M in the same period a year earlier. The company had reported EPS of $0.41 on revenue of $788.63M in the previous quarter.
Workday shares lost 1.25% to trade at $210.20 in after-hours trade following the report.
Workday follows other major Technology sector earnings this month
On May 8, EchoStar reported first quarter EPS of $0.08 on revenue of $531.08M, compared to forecasts of EPS of $0.1 on revenue of $528.1M.
Apple earnings beat analysts' expectations on April 30, with second quarter EPS of $2.46 on revenue of $58.02B. Investing.com analysts expected EPS of $2.36 on revenue of $57.51B
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