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Workday stock surges on Q4 earnings beat

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Workday (WDAY) shares are surging after reporting fourth quarter earnings results that beat on the top and bottom lines. Fourth quarter revenue was $2.21 billion, beating the $2.18 billion expected, while adjusted earnings per share (EPS) was $1.92, compared to estimates of $1.78.

Julie Hyman and Josh Lipton break down Workday's earnings results and what they mean for investors.

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This post was written by Naomi Buchanan.