Key Developments: Workday Inc (WDAY.N)
67.98USD
17 May 2013
$0.77 (+1.15%)
$67.21
$67.78
$68.25
$67.25
125,052
201,156
$69.75
$45.05
Latest Key Developments (Source: Significant Developments)
Allied Global Holdings Selects Workday Inc to Unify HR and Finance in the Cloud
Workday Inc announced that Allied Global Holdings, an international debt collection and accounts receivable management company, selected Workday's suite of enterprise cloud applications, including Workday Human Capital Management (HCM), Workday Financial Management, Workday Payroll, Workday Time Tracking, and Workday Expenses. Allied Global has been named one of Canada's 50 Best Managed Companies by Deloitte for 13 consecutive years. Full Article
Workday Inc Issues Q1, FY 2014 Revenue Guidance In Line With Analysts' Estimates
Workday Inc announced that for the first quarter of 2014, it expects revenues to be in the range of $83 and $87 million. For fiscal 2014, it expects total revenues to be in the range of $420 and $435 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $86 million for the first quarter of 2014 and revenue of $425 million for fiscal 2014. Full Article
Workday Inc Issues Q4 2013 Revenue Guidance In Line With Analysts' Estimates
Workday Inc announced that for the fourth quarter of 2013, it expects revenues to be in the range of $75 and $79 million and the subscription revenues are anticipated to be within a range of $56 and $58 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $71 million for the fourth quarter of 2013. Full Article
The University of Rochester Selects Workday Inc's Financial Management
Workday, Inc. announced that the University of Rochester, one of the private research universities, has selected Workday Financial Management. Workday will provide the university with a modern, unified finance application that leverages the benefits of the cloud to bring new levels of insights and capabilities to its finance organization. Full Article
Workday Inc Announces Pricing of Initial Public Offering
Workday Inc announced the pricing of its initial public offering (IPO) of 22,750,000 shares of its Class A common stock at a price to the public of $28.00 per share. The underwriters have been granted a 30-day option to purchase up to an additional 3,412,500 shares of Class A common stock from Workday to cover over-allotments, if any. The shares are expected to begin trading on the New York Stock Exchange on October 12, 2012 under the symbol "WDAY." Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are acting as lead joint book-running managers for the offering, and Allen & Company LLC and J.P. Morgan Securities LLC are acting as book-running managers for the offering. Cowen and Company, LLC, JMP Securities LLC, Pacific Crest Securities LLC, Wells Fargo Securities LLC and Canaccord Genuity Inc. are acting as co-managers for the offering. Full Article
Workday Inc Sets IPO Terms Valuing Company At Up To $3.85 Billion-Reuters
Reuters reported that Workday Inc plans to price its initial public offering of Class A shares at between $21 and $24 each, valuing the company at up to $3.85 billion. The Act allows a company to keep financial details contained in IPO documents private for longer and permits it to keep its registration statement confidential until 21 days prior to the first road show. The company subsequently filed in August to raise up to $400 million in its IPO. Workday is looking to sell 22.75 million Class A shares in the offering. At the mid-point of Workday's expected range, the offering will raise about $512 million. Full Article
Workday competitor SilkRoad selects banks for IPO: sources
- Human resources software company SilkRoad has selected JPMorgan Chase & Co and Piper Jaffray Cos to lead an initial public offering later this year, according to two sources with knowledge of the matter.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
