Investing.com - Workday reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Workday announced earnings per share of $1.23 on revenue of $1.26B. Analysts polled by Investing.com anticipated EPS of $0.7773 on revenue of $1.24B.
Workday shares are up 2.95% from the beginning of the year and are trading at $246.69 , down-from-52-week-high.They are under-performing the Nasdaq which is up 15.96% from the start of the year.
Workday follows other major Information Technology sector earnings this month
Workday's report follows an earnings beat by Atlassian Corp Plc on Thursday, July 29, 2021, who reported EPS of $0.24 on revenue of $559.54M, compared to forecasts EPS of $0.1815 on revenue of $524.1M.
Lam Research had beat expectations on Wednesday, July 28, 2021 with fourth quarter EPS of $8.09 on revenue of $4.15B, compared to forecast for EPS of $7.59 on revenue of $4.03B.
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