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Workday stock rallies to record as strong outlook points to healthy enterprise software demand
Workday Inc. shares rallied to a record high Friday after the cloud-software company’s strong outlook and beat on earnings Thursday pointed to better-than-expected demand for enterprise software.
Workday WDAY, +13.26% shares rallied to an all-time high of $166.19, and were last up 13.3% at $164.66, on track for their best day since March 1, 2016, when shares surged 18.7%.
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Late Thursday, Workday reported quarterly billings of $830.3 million, up 48% from the year-ago quarter, while analysts were looking for $736.7 million. The company also forecast revenue of $775 million to $777 million for the fourth quarter, and about $2.81 billion for the year.
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https://www.marketwatch.com/story/workda...2018-11-30
![[Bild: WDAYc0wl1443.png]](https://finviz.com/publish/113018/WDAYc0wl1443.png)
Workday Inc. shares rallied to a record high Friday after the cloud-software company’s strong outlook and beat on earnings Thursday pointed to better-than-expected demand for enterprise software.
Workday WDAY, +13.26% shares rallied to an all-time high of $166.19, and were last up 13.3% at $164.66, on track for their best day since March 1, 2016, when shares surged 18.7%.
...
Late Thursday, Workday reported quarterly billings of $830.3 million, up 48% from the year-ago quarter, while analysts were looking for $736.7 million. The company also forecast revenue of $775 million to $777 million for the fourth quarter, and about $2.81 billion for the year.
...
https://www.marketwatch.com/story/workda...2018-11-30
