Workday stock plunges on subscription revenue forecast

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Workday (WDAY) shares continue to take a beating, plunging lower in Friday's trading after the cloud-based corporate management platform slashed its full...

Yahoo Finance's Market Domination team reviews Workday's first-quarter earnings beat reported on Thursday.They are plunging today after the company slashed its forecast of annual revenue work day, taking other workplace software stocks down with it, and investors now look ahead to sales force results out after the close Wednesday for another read on the industry.And this kind of echoed by Bloomberg Quick quote here.

But they acknowledge that the short term is going to be bumpy because in part because of the macro environment, and it wasn't all bad.But, he said, on the bright side, operating margins of 25.9% solidly above consensus. Yeah, it certainly has been, um, that's a good perspective to have there, and I feel like new Tai is getting bought, so that's the reason that that one is up so muchA dividend stock with a mouth-watering yield providing monthly cash flow streams. The post A 10.6% Dividend Stock That Provides Monthly Cash Payments appeared first on The Motley Fool Canada.A high-yield TSX dividend stock is a buying opportunity for long-term investors.

 

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