Herken zakelijke websitebezoekerswww.lubbersdejong.nlContentbureauwww.marcommit.nl
2504 volgen @ICTberichten
Deel dit nu
Datum: (58 dagen geleden)
PR: Yellow Communications

Workday Announces Fiscal 2021 Second Quarter Financial Results

  • Second Quarter Total Revenues of $1.06 Billion, Up 19.6% Year Over Year
  • Subscription Revenue of $931.7 Million, Up 23.1% Year Over Year
  • Subscription Revenue Backlog of $8.60 Billion, Up 22.3% Year Over Year
PLEASANTON, Calif., Aug. 27, 2020 - Workday, Inc.(NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced results for the fiscal 2021 second quarter ended July31, 2020.

Fiscal 2021 Second Quarter Results
  • Total revenues were $1.06 billion, an increase of 19.6% from the second quarter of fiscal 2020. Subscription revenue was $931.7 million, an increase of 23.1% from the same period last year.
  • Operating loss was $16.8 million, or negative 1.6% of revenues, compared to an operating loss of $122.5 million, or negative 13.8% of revenues, in the same period last year. Non-GAAP operating income for the second quarter was $257.7 million, or 24.3% of revenues, compared to a non-GAAP operating income of $117.5 million, or 13.2% of revenues, in the same period last year.1
  • Net loss per basic and diluted share was $0.12, compared to a net loss per basic and diluted share of $0.53 in the second quarter of fiscal 2020. Non-GAAP net income per diluted share was $0.84, compared to a non-GAAP net income per diluted share of $0.44 in the same period last year.2
  • Operating cash flows were $157.2 million compared to $100.3 million in the prior year.
  • Cash, cash equivalents, and marketable securities were $2.75 billion as of July31, 2020.
Comments on the News
“It was a strong quarter despite the environment, with continued demand for our products as more organizations realize how mission critical cloud-based systems are in supporting their people and businesses through continuous change,” said Aneel Bhusri, co-founder and co-CEO, Workday. “As we navigate this unique time, we will continue to deliver new solutions that extend the power of Workday to help customers make more informed people and finance decisions, including how to safely return to work. We also are more committed than ever to our culture and core values, prioritizing our employees – and the importance of equality in the workforce – as we look to emerge stronger together with our customers and communities.”

“We executed extremely well in the second quarter and delivered solid results, with subscription revenue growth of 23.1% and non-GAAP operating margin of 24.3%,” said Robynne Sisco, president and chief financial officer, Workday. “As a result of our strong Q2 performance, we are raising our fiscal 2021 subscription revenue guidance to a range of $3.73 billion to $3.74 billion. We expect third-quarter subscription revenue of $948.0 million to $950.0 million. We are also raising our fiscal 2021 non-GAAP operating margin guidance to 18.0%. Despite the near-term uncertainty that remains, our first-half performance has reinforced our confidence in the fundamental strength of our business, and in the long-term opportunity that we see ahead.”

Recent Highlights
  • Workday announced Chano Fernandez has been promoted to co-CEO, joining Workday Co-Founder Aneel Bhusri in overseeing the company. Robynne Sisco will serve as Workday’s president and chief financial officer.
  • Workday continues to support customers navigating the COVID-19 pandemic with the delivery of new solutions and partnerships focused on supporting organizations with the changing world of work. This includes the availability of Workday People Analytics to help organizations identify top workforce risks and opportunities as they revisit talent management, as well as the availability of Workday Help and Workday Journeys to help employers better engage and support employees. In addition, Workday and IBM announced an expanded partnership with a joint solution to help customers plan, schedule, and monitor a safe return to the workplace.
  • Workday announced four principles that will guide its efforts to support greater belonging and diversity at the company, including hiring and developing diverse talent, cultivating a culture of belonging, strengthening its communities, and building inclusive products and technology.
  • Workday announced the expansion of Workday Launch, a pre-configured approach to help qualified customers deploy Workday more quickly and find faster time-to-value, to eligible large enterprises in the U.S.
  • Workday announced it has expanded its operations into Mexico, with services partners ready to assist Workday deployments in the country.
  • For the fourth year in a row, Workday has been positioned by Gartner, Inc. in the Leaders quadrant of the 2020 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises.3
  • Workday sponsored the Workday Charity Open on July 6-12 at Muirfield Golf Club in Dublin, Ohio, in partnership with the PGA Tour. As part of its sponsorship, Workday committed $1 million in support of the Nationwide Children’s Hospital and donated $500,000 to the Eat. Learn. Play. Foundation.
Earnings Call Details
Workday plans to host a conference call today to review its fiscal 2021 second quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 1:30 p.m. PT/4:30 p.m. ET and can be accessed via webcast. The webcast will be available live, and a replay will be available following completion of the live broadcast for approximately 90 days.

Workday uses the Workday Blog as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
  1. Non-GAAPoperating income excludes share-based compensation expenses, employer payrolltax-relateditems on employee stock transactions, and amortization expense for acquisition-related intangible assets.See the section titled “About Non-GAAP Financial Measures” in the accompanying financial tables for further details.
  2. Non-GAAPnet income per share excludes share-based compensation expenses, employer payrolltax-relateditems on employee stock transactions, amortization expense for acquisition-related intangible assets,non-cashinterest expense related to our convertible senior notes, and income tax effects. See the section titled “About Non-GAAP Financial Measures” in the accompanying financial tables for further details.
  3. Gartner “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises,” by Robert Anderson | John Van Decker | Greg Leiter, 29 June 2020.
Required Disclaimers
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Workday
Workday is a leading provider of enterprise cloud applications for finance and human resources, helping customers adapt and thrive in a changing world. Workday applications for financial management, human resources, planning, spend management, and analytics have been adopted by thousands of organizations around the world and across industries – from medium-sized businesses to more than 60 percent of theFortune50. For more information about Workday, visitworkday.com.

Use of Non-GAAP Financial Measures
Reconciliations of non-GAAP financial measures to Workday’s financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. For a description of these non-GAAP financial measures, including the reasons management uses each measure, please see the section of the tables titled “About Non-GAAP Financial Measures.” A reconciliation of our forward outlook for non-GAAP operating margin with our forward-looking GAAP operating margin is not available without unreasonable efforts as the quantification of share-based compensation expense, which is excluded from our non-GAAP operating margin, requires additional inputs such as the number of shares granted and market prices that are not ascertainable.

Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday’s third quarter and full year fiscal 2021 subscription revenue, Workday’s full year fiscal 2021 non-GAAP operating margin, and Workday’s business, solutions, and long-term opportunity. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “seek,” “plan,” “project,” “looking ahead,” “look to,” “move into,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to: (i) the impact of the ongoing COVID-19 pandemic on our business, as well as our customers, prospects, partners, and service providers; (ii) our ability to implement our plans, objectives, and other expectations with respect to any of our acquired companies; (iii) breaches in our security measures, unauthorized access to our customers’ or other users’ personal data, or disruptions in our data center or computing infrastructure operations; (iv) service outages, delays in the deployment of our applications, and the failure of our applications to perform properly; (v) our ability to manage our growth effectively; (vi) competitive factors, including pricing pressures, industry consolidation, entry of new competitors and new applications, advancements in technology, and marketing initiatives by our competitors; (vii) the development of the market for enterprise cloud applications and services; (viii) acceptance of our applications and services by customers and individuals, including any new features, enhancements, and modifications, as well as the acceptance of any underlying technology such as machine learning, artificial intelligence, and blockchain; (ix) adverse changes in general economic or market conditions; (x) the regulatory, economic, and political risks associated with our domestic and international operations; (xi) the regulatory risks related to new and evolving technologies such as machine learning, artificial intelligence, and blockchain; (xii) delays or reductions in information technology spending; and (xiii) changes in sales, which may not be immediately reflected in our results due to our subscription model. Further information on these and additional risks that could affect Workday’s results is included in our filings with the Securities and Exchange Commission (“SEC”), including our Form 10-Q for the quarter ended April 30, 2020, and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.

Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday’s discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.

© 2020 Workday, Inc. All rights reserved. Workday and the Workday Logo are trademarks or registered trademarks of Workday, Inc. registered in the United States and elsewhere. All other brand and product names are trademarks or registered trademarks of their respective holders.

Workday Persdesk
Marlieke Tijman
+ 31 (0)23 555 34 24
Laatste van Workday  
Gunstige werktijden populairste onderwerp bij contractonderhandeling

Relined Fiber Network verhuist naar nieuw pand om verdere groei van de organisatie te kunnen realiseren

Veracode publiceert State of Software Security deel 11

NorthC Datacenters benoemt Bart van Aanholt tot Chief Commercial Officer

Cisco benoemt Avit tot Partner of the Year Noord-Europa 2020

Sitecore maakt de winnaars bekend van de Ultimate Experience Award 2020

Ctac boekt hogere omzet, EBITDA en nettoresultaat in derde kwartaal

Workday genoemd als leider in het Gartner Magic Quadrant voor financiële planning- en analyseoplossingen in de cloud

Ruime meerderheid werkgevers heeft opleidingsbudget niet ingetrokken in coronatijd

Onderzoek Auth0: bedrijven die SaaS-componenten gebruiken, innoveren en lanceren sneller

Entrust onderzoek vindt IoT, authenticatie en cloudservices als drijvende kracht achter duizelingwekkende toename van PKI-adoptie en certificatie-volume

Haaglanden Medisch Centrum (HMC) stapt als eerste Nederlandse ziekenhuis over naar publieke ERP Cloud

E-mailquarantaine-tool PhishRIP van KnowBe4 nu ook beschikbaar voor G Suite-software

NRC Media versnelt groei in audiomarkt met overname SUBLIME

Helft zakelijk Nederland bestelt producten online
Partner Summit 2020: Cisco lanceert vereenvoudigd partnerprogramma, nieuwe platforms en oplossingen

HPS Connectivity Solutions en MCS gaan intensieve Private LTE samenwerking aan

Eaton ontvangt als eerste zowel IEC als UL cybersecurity-certificaten voor productontwikkelingsprocessen

Boomi lanceert Project LightSpeed, versimpelt platformgebruik voor niet-technische gebruikers

MKB Fonds en Uniserver nemen gezamenlijk Micros Internetdiensten over

Sofina verwerft minderheidsbelang in Collibra

Red Hat kondigt algemene beschikbaarheid aan van Fedora 33

Winnaars Nederlandse Cisco Partner Awards 2020 bekend

Handheld Group Expands and Moves to New Dynamic Global Headquarters

Zivver haalt 17 miljoen dollar op in een nieuwe financieringsronde voor het versnellen van zijn internationale expansie

Plus500 ziet omzet en het aantal klanten stijgen in derde kwartaal 2020

Verstreken tijd: 58 dagen
PR contact  

Logo Yellow Communications
Workday contact  

Logo Workday

  +31 (0) 20 808 1836
Workday sociaal  

Workday tweets  

Marcommit is hét full service B2B marketing bureau van Nederland! Wij helpen jouw bedrijf met offline en online marketing campagnes die écht werken. Herken zakelijke websitebezoekers
Logo Salure
Logo Hyarchis
Logo Enable-U
Logo Fullstaq B.V.
Logo inQdo
Logo PanCompany
Logo Luminis Nederland B.V.
Logo UiPath
Logo Hands On, Information Management BV
Logo QuandaGo
Logo Intus Workforce Solutions BV
Logo SoftApp
Logo Sam Media
Logo Inuits
Logo Techone B.V.
Logo Orange Cyberdefense
Logo Software Improvement Group (SIG)
Logo E-mergo
Logo Xperit Solutions B.V.
Logo Techone B.V.
Logo RoSecure
Logo Medius
Logo Young_Coders
Logo Orange Cyberdefense
Logo PlanMen
Logo Boys with Brains
Logo Medius
Logo Techone B.V.
Logo NorthC Datacenters
Logo Avit Group
Logo Sitecore
Logo Ctac N.V.
Logo Workday
Logo Opleiding.nl
Logo Auth0
Logo Cisco
Logo Eaton
Logo Dell Boomi
Logo Uniserver
Logo Collibra
Logo Red Hat, Inc.
Logo Cisco
Publicatie eenmalig €49

- 6 publicaties €199
- 12 publicaties €349
- Onbeperkt €499

Direct doen
- Persbericht aanleveren
- Publicatieabonnement
Kuyperstraat 48
7942 BR Meppel
KvK 54178096

Volg @ICTberichten
- Twitter

- IT bedrijf
- IT PR-bureau
Over ons
Persberichten.com, hét platform voor IT persberichten

In de database
- 89612 persberichten
- 5815 bedrijfsprofielen
- 61 PR-bureauprofielen
- 8976 tags

- Rijke tekstopmaak
- Responsieve weergave
- Met foto/illustratie/logo
- Met downloadbare bijlages
- Met bedrijfsprofiel
Herken zakelijke websitebezoekerswww.lubbersdejong.nlwww.LVTPR.comwww.marcommit.nl