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Incorta Completes Integration with Workday Adaptive Planning

FOSTER CITY, Calif., May 21, 2024 Incorta, an open data delivery platform simplifying and speeding users access to live, transaction level financial data, and a Workday, Inc. partner, today. ....

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Cloud Stocks: Workday Focuses on AI Skills

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its third quarter results that surpassed the market expectations. Workday is building out several AI capabilities and an AI-focused marketplace to benefit from the growing trend. Workday's Financials Workday's third quarter revenues grew 16.7% to $1.87 billion, ahead of the Street's forecast of $1.85 billion. Non GAAP EPS was $1.56, ahead of the market's forecast of $1.41. By segment, Subscription services revenues grew 18.1% to $1.69 billion, ahead of the Street's forecast of $1.68 billion. Professional services revenues grew 5% to $174.6 million. For the current year, Workday raised its guidance for subscription revenues to $6.598 billion from the earlier estimated $6.570-$6.590 billion. Professional services revenues are expected to be $652 million. For the fourth quarter, Workday expects Subscription services revenues to be $1.755 billion and revenues from Professional services to be $ ....

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