Analyst Commentary

Workday starts strong in 2018, but its growth potential is even stronger

Workday (NASDAQ: WDAY) had a solid start to 2018, growing revenue 29% year-to-year in 1Q18. Human capital management (HCM) continues to anchor revenue, securing new, large customers in the quarter, including Unisys. Financial Management, which is about five years behind HCM in terms of its adoption trajectory, according to CEO Aneel Bhusri, had a shy quarter in terms of new customer wins, but achieved a substantial and referenceable deployment with Aon. Financial Management undoubtedly presents significant opportunity for future growth, particu...

Login or Register to View Analyst Commentary