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Workday Is Escaping The Tech Slaughter

December 26th, 2018 · No Comments

  • Workday has managed to escape much of the present market selloff, especially compared to many other tech names.
  • One reason for that is its Q3 beat, and the company is indeed doing well, but there was some pull from Q4 boosting Q3 figures and growth is slowing down.
  • There is also a huge amount of share-based compensation and significant dilution. The jury is also still out on adoption rates of newer modules.

Source: Workday Is Escaping The Tech Slaughter – Workday (NYSE:WDAY) | Seeking Alpha

Tags: WDAY