Workday forecasts 2027 subscription revenue below estimates, shares fall - Reuters
Workday forecasts 2027 subscription revenue below estimates, shares fall Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Some net new large enterprise deals are taking longer to close."
— Rob Enslin , Executive
"We are prioritizing incremental investment in our agentic AI roadmap to capture a larger market opportunity."
— Zane Rowe , Executive
"AI will enable Workday to bring innovation back to the worlds of HR and finance."
— Aneel Bhusri , Executive
"Our strategy is to build new business processes designed around virtually unlimited AI reasoning."
— Gerrit Kazmaier , Executive
"While it's still early days, we've seen great initial traction with Sana."
— Rob Enslin , Executive
Key People
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxQcHVGbVQzeGFWLV9JajhMd2NXaU1Wb2w5YVFMM3YyLWk0RGl6TnlSMGdDX0JUbVNOLXBJVWFSU0tSdm9wYXNaMVNIVWJLbjgtOGtQa0VCZGVpQjJJQWREWXpCeU5nYV9vMGFjeWtwYjdOTUJyZFRQRnRjczlzbWVSaGppTUwyRGlKY3lPUXR4ak5OaDIyQmM2a2laQWFPVHp6eVREdThpcjk5anQtQkZTajVkUQ?oc=5" target="_blank">Workday forecasts 2027 subscription revenue below estimates, shares fall</a> <font color="#6f6f6f">Reuters</font>
Workday projects fiscal 2027 subscription revenue between $9.93 billion and $9.95 billion, below analyst expectations of $10 billion, leading to a 7% drop in shares after hours.
Despite reporting fourth-quarter results that narrowly topped estimates, Workday's forecast of 12% to 13% subscription revenue growth for fiscal 2027 led to a 6% decline in shares after hours.
Workday's forecast of fiscal 2027 subscription revenue between $9.93 billion and $9.95 billion, below analyst expectations of $10 billion, resulted in a 7% drop in shares after hours.
Workday's forecast of 12% to 13% subscription revenue growth for fiscal 2027, below analyst expectations, led to a 6% decline in shares after hours, amid concerns over AI competition.
Similar Stories
Related coverage based on topic and tags
Rogue Anthropic AI agent gave police fake tip in unsolved murder case
Philadelphia police said the tip was "flagged as spam", but criticised the tech company for taking more than two months to detect and report the breach.
October 10, 2026 at 10:06 AMSuper Micro contractor pleads guilty in scheme to divert AI servers with Nvidia chips to China - Reuters
Super Micro contractor pleads guilty in scheme to divert AI servers with Nvidia chips to China Reuters
October 9, 2026 at 11:18 PMAnthropic AI model submits false homicide tip to Philadelphia police website - Reuters
Anthropic AI model submits false homicide tip to Philadelphia police website Reuters
October 9, 2026 at 09:10 PMDental firm vVardis reveals revenue surge in US IPO filing - Reuters
Dental firm vVardis reveals revenue surge in US IPO filing Reuters
October 9, 2026 at 07:31 PMFour signs it is about to get uglier in the bond market as yields rise - Reuters
Four signs it is about to get uglier in the bond market as yields rise Reuters
October 9, 2026 at 04:18 PMPrize-winning image which sparked backlash was AI-generated, Nikon rules
The camera-maker says it is now re-evaluating the rules and procedures of its Small World in Motion contest.
October 9, 2026 at 03:32 PM