Investing.com - Workday reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Workday announced earnings per share of $0.83 on revenue of $1.43B. Analysts polled by Investing.com anticipated EPS of $0.8547 on revenue of $1.43B.
Workday shares are down 34% from the beginning of the year and are trading at $156.50 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 24.77% from the start of the year.
Workday shares lost 6.93% in after-hours trade the report.
Workday follows other major Information Technology sector earnings this month
Workday's report follows an earnings beat by Apple on Thursday, April 28, 2022, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
NVIDIA had beat expectations on Wednesday with first quarter EPS of $1.36 on revenue of $8.29B, compared to forecast for EPS of $1.3 on revenue of $8.12B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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