Workday forecasts lukewarm quarterly subscription revenue, shares fall

Tehnologie

Workday forecast second-quarter subscription revenue in line with Wall Street expectations on Thursday, anticipating weakening client spending on its human capital management software due to economic uncertainty, sending its shares down 5 per cent in extended trading. The human capital management industry is grappling with softening spending by enterprise clients due to economic uncertainty that has pressured tech budgets. "We remain focused on executing in this uncertain environment and are

Workday forecasts lukewarm quarterly subscription revenue, shares fall https://www.channelnewsasia.com/ - 23.05.2025 01:00

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Workday forecasts lukewarm quarterly subscription revenue, shares fall https://www.channelnewsasia.com/ - 23.05.2025 01:00