Analyst Commentary

Fortune 500 wins propel Workday to $2B

Referenceable customers drive strong performance across Workday’s portfolio

Workday (Nasdaq: WDAY) closed out its fiscal year strong, posting 33% year-to-year growth in 4Q17 and closing out the year with more than $2.1 billion in annual revenue. Workday’s traction in the Fortune 500 was most notable in 4Q17, securing nine new Fortune 500 customers for HCM including Home Depot (NYSE: HD) and General Electric Co. (NYSE: GE). In Financial Management, Workday signed a record number of new customers, including two Fortune...

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