By Allison Prang 
 

Workday Inc. reported a wider loss for the quarter that ended in January, while its revenue and adjusted earnings beat analysts' estimates.

The company's loss was $128 million, wider than a loss of $104.4 million the comparable quarter a year prior. Its loss per share was 56 cents, compared with a loss of 47 cents a share a year ago.

Adjusted earnings were 50 cents a share, up from 41 cents a share. Analysts, according to FactSet, were expecting 40 cents a share.

Revenue was $976.3 million, up 24%. Analysts were expecting $964.8 million.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

February 27, 2020 16:36 ET (21:36 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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