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Thursday, Mar 7
More on Workday: FQ1 guidance is for revenue of $83M-$87M vs. an $86.4M consensus. FY14 (ends...
More on Workday: FQ1 guidance is for revenue of $83M-$87M vs. an $86.4M consensus. FY14 (ends Jan. '14) guidance is for revenue of $420M-$435M vs. a $425M consensus. FQ4 subscription sales +105% Y/Y, above rev. growth of 89%. Unearned revenue balance +13% Q/Q and +52% Y/Y. Over 50 customers added, raising total above 400. Opex +69% Y/Y, fueled by big increases in sales/marketing and R&D. WDAY -3.1% AH after falling 4.5% in regular trading - investors may have been looking for above-consensus guidance, given Workday's multiples. (PR)