Workday

Workday shares jumped after broader AI fears eased, as the company reported August-quarter revenue of $2.649 billion, up 12.8%, with subscription revenue up 13.9%. Management said AI accounted for more than 25% of new annual contract value and over 5,500 customers are using at least one organic agent. Workday still guides fiscal 2027 subscription growth of about 13%, leaving room for AI-driven adoption to accelerate durable revenue growth. Short interest and reduced hedge fund holdings mean changes in the AI disruption narrative can materially affect the stock. » Mere på finance.yahoo.com

Workday has appointed Sarah Kennedy Ellis as chief marketing officer; her start date is October 5, 2026. She will report to Aneel Bhusri and lead the global marketing and communications organization. Kennedy Ellis joins from Google, where she was responsible for global marketing for Google Cloud and Google Workspace, and was previously CMO at Adobe Experience Cloud and at Marketo. Workday provides enterprise software for HR, finance and IT and, according to the company, is used by more than 11,500 organizations, including over 65% of Fortune 500 companies. » Mere på de.investing.com

Workday reported fiscal Q2 revenue of $2.65 billion, beating expectations, with subscription revenue up 13.9% and non-GAAP operating margin widening to 31.1%. Management said AI products accounted for over 25% of new annual contract value and drove more than $100 million in new ACV, approaching $600 million in ARR, while the 12-month subscription backlog rose to $9.03 billion. Despite strong AI monetization, Workday guided fiscal 2028 subscription revenue growth of roughly 11%, and warned AI adoption is currently more substitutive than purely incremental, adding uncertainty to near-term revenue conversion. Investors should watch whether AI usage translates into durable incremental demand to sustain growth. » Mere på finance.yahoo.com

Workday reported 14% subscription revenue growth, a 16% increase in 12‑month backlog, expanding margins and management reiterated subscription revenue guidance while raising operating margin guidance. The company is rolling out AI capabilities with agents used by over 4,000 customers and sharply higher Recruiting Agent activity. Shares were pressured as investors worry AI could disrupt application vendors, but the fund highlighted strong retention and high switching costs as durable competitive advantages. » Mere på finance.yahoo.com

Workday reported adjusted EPS of $2.75 and revenue of $2.65 billion for Q2, beating expectations. The after-hours sell-off resulted from a cautious forecast for subscription revenue in Q3 of $2.515 billion (growth 12%), which indicates a slight slowdown in the expansion of user licenses in the core business. » Mere på de.investing.com