Workday Raises Outlook Following 3Q Beat
28 Noviembre 2023 - 3:55PM
Noticias Dow Jones
By Sabela Ojea
Workday raised its outlook for the year after posting higher
revenue in the fiscal third quarter.
The cloud enterprise company for finance and human resources on
Tuesday guided for an adjusted operating margin of 23.8%.
In August, the company raised its adjusted operating margin
outlook to 23.5%.
"Our focus is centered on investing to drive durable long-term
growth while expanding margins," Co-Chief Executive Carl Eschenbach
said.
Workday's outlook revision comes as the company swung to a
profit and reported higher-than-expected revenue for the fiscal
third quarter ended Oct. 31.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
November 28, 2023 16:40 ET (21:40 GMT)
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