Workday Adjusts Full-Year Subscription Revenue Outlook

Thursday, 23 May 2024, 21:21

Workday, the Pleasanton-based company, experienced a significant drop of nearly 9% in extended trading after lowering its full-year subscription revenue forecast. The decision has raised concerns among investors and analysts regarding the company's performance and future prospects, impacting the financial markets as a result.
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Workday Adjusts Full-Year Subscription Revenue Outlook

Workday Adjusts Full-Year Subscription Revenue Outlook

Workday has announced a revision to its full-year subscription revenue forecast, causing a notable reaction in the market.

Shares Fall Almost 9%

Shares of the Pleasanton, California-based company experienced a significant drop of nearly 9% in extended trading, reflecting investor concerns.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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