Workday Posts 76 Percent Revenue Increase

December 1, 2013 – Workday, Inc., a leader in SaaS-based enterprise solutions for global human resources, payroll and financial management, has posted revenues of $127.9 million, an increase of 76 percent from the third quarter of fiscal 2013. Subscription revenues were $93.9 million, an increase of 82 percent from the same period last year. Net loss per basic and diluted share for the third quarter was $0.27, compared to a net loss per basic and diluted share of $0.67 last year. “We continue to innovate rapidly across all initiatives,” said Aneel Bhusri, chairman, co-founder, and co-CEO of Workday. “In the third quarter, we announced the availability of Workday Big Data Analytics, confirmed that Workday Recruiting is progressing well and on schedule, and we continued our investment in Workday Financial Management, broadening the scope and scale for the world's largest organizations.”