More on Workday's FQ3: Software subscription revenue +116% Y/Y to $51.6M (71% of total),...

|About: Workday (WDAY)|By:, SA News Editor

More on Workday's FQ3: Software subscription revenue +116% Y/Y to $51.6M (71% of total), expected to reach $56M-$58M in FQ4. Unearned revenue balance +64% Y/Y to $252.2M. Free cash flow was -$23.8M, nearly even with net loss. G&A expenses up over 6x Y/Y to $22.6M, sales/marketing and R&D expenses also up strongly. WDAY +5.3% AH. CC at 5PM ET (webcast). (PR)