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 were $72.6 million, an increase of 99 percent from the third quarter of fiscal 2012. Net loss for the quarter was $41.3 million, compared to a net loss of $19.7 million in the Q3 of fiscal 2012. “Workday had a strong third quarter, and we continue to make great strides as we build for the long term,” said Aneel Bhusri, chairman, co-founder, and co-CEO, Workday. “Our pace of innovation, high levels of customer satisfaction, and employee-centric culture are key contributors to our growth. With these differentiators, we see more companies choosing Workday to bring HR, finance, and analytics to the cloud.”