Workday shares rise after strong earnings beat on both top and bottom lines

Workday reported quarterly earnings of 86 cents per share, 19 cents/share above estimates. Revenue topped estimates as well. The maker of human resources and finance-focused cloud software also raised its subscription revenue outlook for 2021, but also issued warnings about the lingering impact of the pandemic on its results.
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Fri, Nov 20 202012:15 PM EST