Workday Posts Large Revenue Gains

November 28, 2012 – Workday, Inc., a leader in SaaS-based enterprise solutions for global human resources, payroll and financial management, has posted revenues of $107.6 million, an increase of 72 percent from the second quarter of fiscal 2013. Subscription revenues stood at $81.1 million, a gain of 92 percent from same period last year. Net loss per basic and diluted share for the quarter was $0.21, compared to a net loss per basic and diluted share of $0.78 a year ago. “Workday continues to be well positioned for strong growth as a leader in cloud applications for human capital management and financial management,” said Aneel Bhusri, chairman, co-founder, and co-CEO, Workday. “We continue to execute well as we expand our global operations and new product initiatives.”