Workday forecast calls for growth of less than 20% as earnings top expectations

Workday Inc. shares fluctuated in the extended session Monday after the human-resources cloud-software company beat on earnings but offered a conservative guidance in a tough cloud software market.

The... Workday Inc. shares fluctuated in the extended session Monday after the human-resources cloud-software company beat on earnings but offered a conservative guidance in a tough cloud software market. The Pleasanton, Calif.-based company reported a fourth-quarter loss of $125.7 million, or 49 cents a share, compared with a loss of $73.3 million, or 29 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were 99 cents a share, compared with 78 cents a share in the year-ago period.

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