Investing.com - Workday reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Workday announced earnings per share of $0.86 on revenue of $1.11B. Analysts polled by Investing.com anticipated EPS of $0.67 on revenue of $1.09B.
Workday shares are up 38% from the beginning of the year and are trading at $240.10 , down-from-52-week-high.They are outperforming the Nasdaq which is up 32.68% from the start of the year.
Workday shares gained 4.02% in after-hours trade the report.
Workday follows other major Technology sector earnings this month
Workday's report follows an earnings beat by Apple on Thursday, October 29, 2020, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on Tuesday, October 27, 2020 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
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