Workday's Outlook for Subscription Services Revenue Sends Stock Tumbling

Key TakeawaysWorkday gave weaker-than-anticipated guidance for fiscal 2025 subscription services revenue, sending shares tumbling.The company beat third quarter profit and sales estimates.Workday said artificial intelligence-driven innovations and its "partner ecosystem" helped boost results. Shares of Workday (WDAY) sank 8% Wednesday, a day after the human resources software firm predicted weaker-than-expected full-year subscription services revenue.  The company sees fiscal 2025 subscription services reve ...