Workday Q2 Loss Widens; Lifts FY15 Revenue Range - Quick Facts

(RTTNews) - Workday, Inc. (WDAY) Wednesday said second-quarter net loss widened to $69.2 million or $0.38 per share from $36.0 million or $0.21 per share in the same period last year.

Adjusted loss for the latest second quarter was $20.6 million $0.11 per share, narrower than $22.6 million or $0.13 per share in the prior year quarter. On average, 24 analysts polled by Thomson Reuters expected the company to report a loss of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $186.78 million from $107.56 million last year, while 22 analysts expected revenues of $177.45 million.

Looking ahead to the third quarter, the company has forecast revenues in the range of $200 to $205 million. Analysts currently expect third-quarter revenues of $195.58 million.

For fiscal 2015, the company now expects revenues to be in the range of $760 to $770 million, up from its prior range of $730 million to $750 million. Analysts currently expect fiscal 2015 revenues of $748.70 million.