Workday, Inc. (WDAY) announced a notable increase in its second-quarter profits, surpassing analysts' expectations.
The company reported a net income of $132 million, or $0.49 per share, up from $79 million, or $0.30 per share, in the same quarter last year.
On an adjusted basis, excluding special items, Workday posted earnings of $1.75 per share for the quarter.
Analysts, based on a consensus forecast by Thomson Reuters, had anticipated adjusted earnings of $1.65 per share.
Revenue for the quarter experienced a significant uptick, rising 28.4% to $2.085 billion from last year's $1.624 billion.
Key financial metrics for Workday, Inc. (GAAP) for Q2 are as follows:
- **Earnings**: $132 million, compared to $79 million last year.
- **Earnings per Share (EPS)**: $0.49, up from $0.30 last year.
- **Revenue**: $2.085 billion, an increase from $1.624 billion last year.
