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00:02Workday posted first-quarter adjusted earnings of $2.66 per share,
00:08beating the analyst estimate of $2.51 by 5.98 percent, according to Benzinga Pro data.
00:16Quarterly revenue came in at $2.54 billion, topping the consensus estimate of $2.52 billion.
00:23Subscription revenues reached $2.35 billion, up 14.3 percent year-over-year.
00:28The company's 12-month subscription revenue backlog rose 15.5 percent to $8.81 billion,
00:35while total subscription revenue backlog climbed 10.9 percent to $27.294 billion.
00:42CEO Anil Pusri said the company is ready for its AI moment,
00:46citing a strong core business and an effective AI strategy.
00:50Workday Project's fiscal 2027 subscription revenue of $9.93 billion to $9.95 billion.
00:58Shares jumped 13.05 percent to $137.02 in extended trading on Thursday,
01:05according to data from Benzinga Pro.
01:07For all things money, visit Benzinga.com.
01:10For all things money, visit Benzinga Pro.
01:10For all things money, visit Benzinga Pro.
01:10For all things money, visit Benzinga Pro.
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