Shares of Workday Inc. (NASDAQ: WDAY) rallied during Monday’s after hours session following the release of the company’s Q4 earnings beat.
Management highlighted a 21.6% year-over-year increase in total revenues to $1.38 billion with subscription revenues showcasing a similar 22.2% year-over-year increase to $1.23 billion. For the full fiscal year 2022, the company highlighted the following:
- Total revenues increased 19.0% to $5.14 billion
- Subscription revenues increased 20.0% to $4.55 billion
- Operating cash flows increased to $1.65 billion in comparison to $1.27 during the same period in 2021
- Declared cash and equivalents at $3.64 billion as of January 31, 2022
Workday Inc. is a software company that offers human capital management (HCM), financial management, and business planning solutions.
At the time of publication, shares of Workday were trading 6.44% lower during after hours at $243.79. The stock had a 52-week low of $205.90 and a 52-week high of $307.81.
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