Investing.com - Workday reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Workday announced earnings per share of $1.1 on revenue of $1.33B. Analysts polled by Investing.com anticipated EPS of $0.8675 on revenue of $1.31B.
Workday shares are up 83% from the beginning of the year and are trading at $281.59 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 27.89% from the start of the year.
Workday shares lost 5.81% in after-hours trade the report.
Workday follows other major Information Technology sector earnings this month
Workday's report follows an earnings matched by Apple on October 28, who reported EPS of $1.24 on revenue of $83.36B, compared to forecasts EPS of $1.24 on revenue of $85.05B.
Microsoft had beat expectations on October 26 with first quarter EPS of $2.27 on revenue of $45.32B, compared to forecast for EPS of $2.08 on revenue of $44B.
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