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Cloud ERP and HR software firm Workday, which used the JOBS Act to quietly file for an IPO in...

Cloud ERP and HR software firm Workday, which used the JOBS Act to quietly file for an IPO in July, has finally provided an S-1. The company, which wants to raise up to $400M and will use the symbol WDAY,  posted revenue of $119.5M (+118% Y/Y) in the 6 months ending July 31, and a net loss of $46.9M. Deferred revenue totaled $247.5M as of July's end. The white-hot market for enterprise tech IPOs suggests Workday should get a favorable reception, though its offering comes at a time when Oracle and SAP are encroaching on its turf.
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