Workday Crushes Estimates With the Help of Medium Enterprises
Workday Inc. (NYSE: WDAY) announced fiscal second-quarter 2017 results Wednesday after the market closed. The human-capital management solutions company once again delivered accelerated revenue growth, narrowed its quarterly losses, and enjoyed the continued adoption of its solutions by the world's largest companies. But Workday isn't just landing the biggest fish; medium-enterprise customers served as an effective supplementary source of growth this quarter.
Let's take a closer look at how Workday finished the first half of the year, as well as what investors can expect from the company in the quarters ahead.
Image source: Workday.
Source: Fool.com
Workday, Inc. Stock
€236.60
-0.630%
The stock is one of the favorites of our community with 64 Buy predictions and 3 Sell predictions.
As a result the target price of 273 € shows a slightly positive potential of 15.38% compared to the current price of 236.6 € for Workday, Inc..
