The combination of eduMe with Workday boosts training engagement by making learning easily accessible in the daily workflow. Through two-way communication between Workday and eduMe, existing employee data in Workday Human Capital Management is connected to eduMe and content delivery from eduMe is automated.PLAYA VISTA, Calif., March 19, 2024 /PRNewswire/ -- eduMe, the training platform for companies with frontline workforces, today announced that it has achieved Workday Certified Integration status. eduMe, ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Workday (WDAY) .Workday currently has an average brokerage recommendation ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35680 WORKDAY, INC. (Exact name of registrant as specified in its charter) Delaware 20-2480422 (State or other juris ...

A downtrend has been apparent in Workday (WDAY) lately with too much selling pressure. The stock has declined 6.4% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting ...

Summary of Workday, Inc. Conference Call Company Overview - **Company**: Workday, Inc. (NASDAQ: WDAY) - **Date**: March 4, 2024 - **Participants**: Carl Eschenbach (CEO), Keith Weiss (Morgan Stanley), Michael Lippert (Baron Capital) Key Industry Insights - **Market Dynamics**: The IT spending landscape is projected at $5 trillion, with software being the fastest-growing segment. Customers are focusing on productivity gains and cost savings, leading to a consolidation of platforms to reduce total cost of ownership [19][20]. - **Cloud Transition**: Only 20% to 25% of financial systems have transitioned to the cloud, indicating a significant opportunity for Workday as CFOs are increasingly open to moving to cloud solutions [9][10]. Core Company Insights Leadership Transition - Carl Eschenbach has been CEO for 15 months, transitioning from a co-CEO model with Aneel Bhusri as Executive Chair. The transition has been smooth and effective, serving as a model for similar transitions [3][4]. Customer Relationships - Workday has established strong trust with its customers, who view the company as a critical partner for managing their most important assets: people and finance [4][6]. Growth Opportunities 1. **Financials**: - Financials represent over 50% of Workday's addressable market. The company has been investing heavily in its go-to-market strategy to capture this opportunity, coinciding with a shift in customer sentiment towards cloud adoption [8][9][10]. - The sales cycle for financial solutions can be lengthy (12-18 months for large enterprises), but early signs indicate that investments are beginning to pay off [15][17]. 2. **International Expansion**: - Currently, 75% of revenues come from the U.S., while over 50% of the total addressable market lies outside the U.S. Workday is focusing on international growth by hiring experienced leaders and expanding partnerships [26][27][30]. - The company is leveraging its partner ecosystem to drive international deployments, particularly in financials [24][30]. 3. **Partner Ecosystem**: - Workday has expanded its partner programs significantly, including referral programs and co-selling initiatives, which are expected to drive new pipeline growth [34][36][39]. Financial Outlook - Workday projects a growth rate of 17% to 19% over the next three years, aiming to scale to $10 billion while expanding operating margins by 500 basis points [41][42]. The company remains open to achieving a 20% growth rate in the future, contingent on the success of its investments [63]. AI and Technology Integration - Workday has integrated AI into its platform over the past decade, focusing on ethical and responsible AI solutions. The company is leveraging its extensive data set (800 billion transactions annually) to enhance AI capabilities [46][47][49]. - Monetization strategies for AI include enhancing renewal rates, competitive win rates, and introducing AI-driven solutions like Talent Optimization [50][51][53]. Conclusion - Workday is positioned for durable growth through strategic investments in financials, international markets, and partnerships. The company is committed to maintaining operational efficiency while expanding its market presence and leveraging AI to enhance its offerings.

Workday Inc (NASDAQ:WDAY) recently hit a Feb. 26 record high of $311.28, before a sharp pullback on the heels of its fourth-quarter earnings report. Though the software name announced strong results, the company warned of macro concerns into 2025, pushing the stock to a 4% drop on Feb. 27 -- its largest percentage loss since September. Today, WDAY is down 0.3% at $294.21, amid news that Morgan Stanley, which had been bullish on the stock, removed its position. Since the start of the year, Workday stock is u ...

Key PointsWorkday's results are tepid relative to analysts' forecasts but enough to keep the analysts happy and catalyze upward price target revisions. Share repurchases help to offset the dilutive impact of share-based compensation. Share prices may fall now, but that is a near-term event.5 stocks we like better than WorkdayWorkday, Inc. NASDAQ: WDAY issued a lackluster FQ2 report that left the market wishing for more. However, as tepid as the results are, underperformance is relative to analysts' consensu ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Financial Data and Key Metrics - Subscription revenue in Q4 was $1.76 billion, up 18%, and full-year FY '24 subscription revenue was $6.6 billion, growing 19% [42] - Professional services revenue was $162 million in the quarter and $656 million for the year [42] - Total revenue in Q4 was $1.92 billion and for the full year was $7.26 billion, both growing 17% [42] - U.S. revenue in Q4 totaled $1.44 billion, up 16%, and international revenue totaled $478 million, growth of 21% [42] - 12-month subscription revenue backlog (CRPO) was $6.62 billion at the end of Q4, representing growth of 20% [43] - Non-GAAP operating income for the fourth quarter was $461 million, resulting in a non-GAAP operating margin of 23.9% [44] - Full-year non-GAAP operating income was $1.74 billion, reflecting a non-GAAP operating margin of 24% [44] - Q4 operating cash flow was $996 million, with full-year operating cash flow of $2.15 billion, growth of 30% [44] Business Line Performance - Extend saw new ACV double year-over-year in Q4, with over 850 Extend customers [20] - Health care grew new ACV over 50% in Q4, capping off a strong FY '24 [14] - Full platform wins in Q4 included Australian Stock Exchange, Boyd Gaming Corporation, and others [19] - HCM deployments in Q4 included AT&T, Northern Trust, and Whataburger [20] - Financial Management go-lives in Q4 included American University, Sagility Operations, and UMass Memorial Health [20] Market Performance - International markets, particularly EMEA and APAC, showed strong growth, with Japan driving strong new ACV growth in Q4 [13][22] - The U.K., Spain, and France delivered healthy new ACV growth in Q4 [21] - The U.S. Federal business saw the appointment of a new leader, Lynn Martin, to accelerate growth [24] Company Strategy and Industry Competition - The company is focusing on AI, with significant investments in AI capabilities and the planned acquisition of HiredScore [10][18] - Workday is expanding its international presence, with over half of its addressable opportunity in international markets [13] - The company is investing in industry-specific solutions, particularly in health care, education, government, and financial services [35] - Workday is enhancing its platform with AI-driven features, including generative AI use cases and AI-powered talent acquisition [18][34] Management Commentary on Business Environment and Future Outlook - Management highlighted the importance of trust in AI development and deployment, with Workday committed to responsible AI practices [10] - The company is optimistic about FY '25, with a focus on durable subscription revenue growth and margin expansion [41][46] - Management emphasized the strength of the company's partner ecosystem and its role in driving growth [25][27] Other Important Information - Workday repurchased $136 million of its shares in Q4 and authorized a new $500 million share repurchase program [45] - The company ended the quarter with $7.8 billion in cash and marketable securities [45] - Workday's FY '25 guidance includes subscription revenue of $7.725 billion to $7.775 billion, representing growth of 17% to 18% [46] Q&A Session Summary Question: Impact of new products and partnerships on growth rate [52] - The company reiterated its FY '25 guidance, reflecting confidence in its strategic growth initiatives, including AI, international expansion, and partnerships [56][57] Question: AI's impact on productivity, particularly in HR and talent management [59] - AI is expected to drive productivity gains, especially in talent acquisition, with the integration of HiredScore enhancing recruiting and internal mobility processes [60][61] Question: Subscription revenue beat and CRPO dynamics [63] - Subscription revenue came in ahead of guidance, with CRPO growth influenced by early renewals and strong demand [64][65] Question: Confidence in platform deals and pipeline for FY '25 [68] - The company is confident in its full platform approach, with strong growth in medium enterprise and large enterprise deals, particularly in health care and government [69][70] Question: Backlog growth and early renewals [72] - Backlog growth is influenced by early renewals, with variability expected quarter-to-quarter [74][75] Question: Vertical strategy and industry focus [79] - Health care, retail, hospitality, and financial services are key verticals driving growth, with strong performance in professional services and medium enterprise deals [80][82] Question: Large enterprise vs. medium enterprise traction [86] - Both large enterprise and medium enterprise segments showed strong growth in Q4, with medium enterprise snapping back after a soft first half of the year [89][90] Question: Margin and free cash flow outlook [92] - The company is balancing growth investments with margin expansion, targeting a non-GAAP operating margin of 24.5% in FY '25 [93][97] Question: CRPO growth and early renewal impact [100] - CRPO growth in Q4 included 1.5 points from early renewals, with variability expected in future quarters as the company laps periods of strong renewal activity [101][103] Question: Sales rep productivity and hiring plans [106] - The company is pleased with the productivity of new sales reps focused on Financials, with continued investment in go-to-market and product development [107][108] Question: Subscription revenue reacceleration and pipeline visibility [110] - The company is optimistic about subscription revenue growth in FY '25, driven by investments in Financials, international expansion, and AI [111][113]

Shares of Workday Inc. fell 8% in after-hours trading Monday after the software company merely met revenue expectations for the latest quarter, while announcing an artificial-intelligence deal. The company reported fiscal fourth-quarter net income of $1.2 billion, or $4.52 cents a share, whereas it reported a net loss of $126 million, or 49 cents a share, in the year-earlier period. Net income in the latest quarter reflected a $1.1 billion release of a valuation allowance related to deferred tax assets. ...