Workday forecasts 2027 annual subscription revenue below estimates
24/02/2026 21:06
Feb 24 (Reuters) - Workday WDAY.O forecast its fiscal 2027 subscription revenue below Wall Street estimates on Tuesday, as corporations cut technology spending amid economic uncertainty, weighing on new client wins. The enterprise software company forecast annual subscription revenue of $9.93 billion to $9.95 billion, compared with analyst expectations of $10 billion, according to data compiled by LSEG. (Reporting by Juby Babu in Mexico City; Editing by Tasim Zahid) ((Juby.Babu@thomsonreuters.com;))
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