Welcome to our dedicated page for Workday news (Ticker: WDAY), a resource for investors and traders seeking the latest updates and insights on Workday stock.
Workday, Inc. reports developments for its enterprise AI platform for managing people, money, and agents, with recurring updates tied to cloud human capital management, financial management, planning, and higher education software. Company news covers quarterly results, business outlook, annual stockholder meeting notices, partner deployments, and product integrations across Workday Human Capital Management, Workday Financial Management, Workday Adaptive Planning, and Workday Student.
Workday updates also cover Workday Government, public-sector modernization, AI agents powered by Sana, and workflow tools such as Personnel Action Request automation and recognition and rewards capabilities delivered through partner offerings.
Zimit, a software partner of Workday (NASDAQ: WDAY), has achieved Workday Approved integration status. This integration connects Workday Professional Services Automation (PSA) with Zimit's Configure Price Quote (CPQ). The collaboration enables a streamlined Opportunity-to-Cash process by automating quoting and data synchronization, reducing manual errors and improving efficiency. Co-CEO Ali Safadi emphasizes the integration's role in enhancing customer competitiveness and operational alignment.
Workday, Inc. (WDAY) reported strong fiscal 2021 Q2 results, with total revenues reaching $1.06 billion, a 19.6% increase year-over-year. Subscription revenue rose 23.1% to $931.7 million, while subscription revenue backlog grew 22.3% to $8.60 billion. Operating loss improved to $16.8 million (negative 1.6% of revenues), down from $122.5 million (negative 13.8% of revenues) last year. Non-GAAP operating income surged to $257.7 million (24.3% of revenues). Workday raised fiscal 2021 subscription revenue guidance to $3.73-3.74 billion.
Workday, Inc. (NASDAQ:WDAY) has announced the promotion of Chano Fernandez to co-CEO, joining founder Aneel Bhusri. This leadership change aims to enhance customer relations and operational efficiency. Chano, who has been with Workday since 2014, will oversee customer acquisition and service, while Aneel will focus on product and technology. Robynne Sisco continues as president and CFO. This strategic move positions Workday for growth amid a dynamic market landscape, reflecting their commitment to customer success and innovation.
Workday (NASDAQ: WDAY) will have co-founder and CEO Aneel Bhusri present at Deutsche Bank’s 2020 Global Technology Conference on Sept. 14 at 11:30 a.m. PT. Additionally, Vice Chairman Tom Bogan will present at Citi’s 2020 Global Technology Conference on Sept. 9 at 8:40 a.m. PT. Both presentations can be accessed via live webcasts. Replays will be available on the Workday Investor Relations site for a minimum of 30 days after the events.
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Workday (NASDAQ: WDAY) will release its fiscal 2021 second quarter financial results on August 27, 2020, after market close. The company will host a conference call at 1:30 PM PT / 4:30 PM ET to discuss the results and future outlook. A live webcast will be available on the Workday Investor Relations site, and a replay will be accessible for at least 90 days. Established in 2005, Workday is a leading provider of enterprise cloud applications for finance and human resources, serving numerous Fortune 50 companies and educational institutions.
League, a North American health operating system, has achieved Workday Approved integration status with Workday Human Capital Management (HCM). This integration enables seamless synchronization of employee data, significantly reducing deployment times for League's health benefits experience platform (HBXTM). By minimizing manual processes, organizations can improve operational efficiency and focus on their workforce’s health and well-being. League's platform, used by companies like Unilever and Shopify, offers enhanced digital health services and data-driven insights for better workplace health management.
Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, will present virtually at three investor conferences. Key presentations include Leighanne Levensaler at the Morgan Stanley 2020 Cloud Secular Winners Virtual Conference on June 1, Aneel Bhusri at the Bank of America Securities 2020 Global Technology Conference on June 2, and Robynne Sisco at the William Blair 40th Annual Growth Stock Conference on June 10. Live webcasts will be accessible for each session, and replays will be available on the Workday Investor Relations site.