Workday Q3 Loss Widens - Quick Facts

(RTTNews) - Workday, Inc. (WDAY) Monday said third-quarter loss attributable to common stockholders widened to $47.53 million from $41.47 million in the same period last year. On a per-share basis, loss narrowed to $0.27 from $0.67 last year.

Adjusted loss for the quarter was $0.12 per share. On average, 26 analysts polled by Thomson Reuters expected the company to report a loss of $0.17 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 76 percent to $127.9 million from $72.62 million last year. Analysts expected revenues of $117.69 million.

Costs and expenses amounted to $168.27 million, up from $113.49 million last year.

Looking ahead to the fourth quarter, the company has forecast revenues in the range of $133 to $138 million. Analysts currently expect fourth-quarter revenues of $128.91 million.