PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Workday Inc. (WDAY) on Tuesday reported fiscal third-quarter profit of $113.7 million.
On a per-share basis, the Pleasanton, California-based company said it had net income of 43 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to $1.53 per share.
The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.
The maker of human resources software posted revenue of $1.87 billion in the period, also topping Street forecasts. Fourteen analysts surveyed by Zacks expected $1.84 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDAY at https://www.zacks.com/ap/WDAY
