Workday (NASDAQ:WDAY) Full Year 2023 Results
Key Financial Results
- Revenue: US$6.22b (up 21% from FY 2022).
- Net loss: US$366.7m (down from US$29.4m profit in FY 2022).
- US$1.44 loss per share (down from US$0.12 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Workday EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Workday that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Workday might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:WDAY
Workday
Provides enterprise cloud applications in the United States and internationally.
Flawless balance sheet with solid track record.
