Workday Reports 30.2 Percent Subscription Growth in Q2 FY2019
Company raises its guidance for fiscal 2019.
Yesterday Workday, Inc. (NASDAQ: WDAY), an enterprise cloud application provider for the finance and human resource industries, reported strong subscription growth in its fiscal 2019 second quarter ended July 31, 2018. The company brought in subscription revenue of $565.7 million, a 30.2 percent increase year-over-year, and reported a subscription revenue backlog of $5.5 billion, a 26 percent increase year-over-year.
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