PLEASANTON, Calif. (AP) 鈥� PLEASANTON, Calif. (AP) 鈥� Workday Inc. (WDAY) on Thursday reported fiscal first-quarter earnings of $222 million.
The Pleasanton, California-based company said it had net income of 87 cents per share. Earnings, adjusted for one-time gains and costs, were $2.66 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.
The maker of human resources software posted revenue of $2.54 billion in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $2.52 billion.
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