Workday reports Q2 revenue up 12.8% YoY

TechBloomberg1h ago

Workday reports Q2 revenue up 12.8% YoY to $2.65B vs. $2.63B est., and total subscription revenue backlog up 8% YoY to $27.4B, vs. $28.6B est.

TL;DRWorkday beat revenue but missed future sales guidance expectations.

Why it matters: Enterprise software demand signals matter—misses here suggest caution in corporate spending ahead.

Workday Inc., a maker of workplace management software, reported a measure of future sales that fell short of analysts' projections …

Source: Bloomberg · Opens in new tab