Workday Sees Q4 2024 Subscription Revenue $6.598B; Sees Adj. Operating Margins 23.8%
Portfolio Pulse from Benzinga Newsdesk
Workday, Inc. has provided guidance for Q4 2024, expecting subscription revenue to reach $6.598 billion and adjusted operating margins to be 23.8%.
November 28, 2023 | 9:08 pm
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Workday anticipates a strong Q4 2024 with subscription revenue projected at $6.598 billion and adjusted operating margins estimated at 23.8%.
The guidance provided by Workday for Q4 2024 indicates a positive outlook on the company's financial performance. The expected increase in subscription revenue and healthy operating margins are likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price.
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