Workday forecasts lukewarm quarterly subscription revenue, shares fall
From Investing.com: 2025-05-22 17:10:00
Workday, a cloud-based human resources software company, predicts lower-than-expected subscription revenue for the upcoming quarter. This forecast has caused a decline in the company’s stock price. Investors are reacting to the news by selling off shares, resulting in a drop in Workday’s valuation. The company’s future performance is uncertain as it grapples with revenue challenges.
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