Overview

• Workday reported Q3 earnings of $1.89 per share and revenue of $2.16 billion, both exceeding Wall Street expectations.
• The company forecast fiscal 2025 subscription revenue of $7.703 billion, slightly below analyst estimates of $7.714 billion.
• Shares fell 10% in extended trading, bringing Workday's year-to-date stock decline to 12%.
• Workday highlighted ongoing challenges with deal scrutiny in some regions but noted opportunities in the public sector.
• The company announced new AI features for efficiency and succession planning, expected to launch in early 2025.