Workday, Inc. Files 8-K for Operations and Financial Updates

Ticker: WDAY · Form: 8-K · Filed: 2024-08-22T00:00:00.000Z

Sentiment: neutral

Topics: operations, financial-condition, disclosure

Related Tickers: WDAY

TL;DR

Workday dropped an 8-K on 8/22 - check it for financial updates.

AI Summary

Workday, Inc. filed an 8-K on August 22, 2024, to report on its results of operations and financial condition, as well as other events and financial statements. The filing does not contain specific financial figures or details of the events reported, but it serves as a notification of these updates to investors.

Why It Matters

This filing indicates that Workday has reported significant operational and financial information, which could impact investor decisions and the company's stock performance.

Risk Assessment

Risk Level: low — This filing is a standard disclosure and does not contain any immediately alarming information.

Key Players & Entities

FAQ

What specific financial results are being reported by Workday, Inc. in this 8-K?

The filing indicates that results of operations and financial condition are being reported, but specific figures are not detailed within the provided text.

What other events are being reported by Workday, Inc. on August 22, 2024?

The filing lists 'Other Events' as an item being reported, but the nature of these events is not specified in the provided text.

What is the principal executive office address for Workday, Inc.?

The principal executive offices are located at 6110 Stoneridge Mall Road, Pleasanton, California 94588.

Under which section of the Securities Exchange Act is this 8-K filed?

This 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is Workday, Inc.'s state of incorporation and fiscal year end?

Workday, Inc. is incorporated in Delaware and its fiscal year ends on January 31.

Filing Stats: 726 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-08-22 16:02:41

Key Financial Figures

Filing Documents

02 – Results of Operations and Financial Condition

Item 2.02 – Results of Operations and Financial Condition On August 22, 2024, Workday, Inc. ("Workday") issued a press release announcing its results for its fiscal quarter ended July 31, 2024. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. Workday uses its blogs.workday.com website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Section 8 – Other Events

01 – Other Events

Item 8.01 – Other Events On August 22, 2024, Workday announced that its Board of Directors authorized the repurchase of up to $1.0 billion of Workday's outstanding shares of Class A common stock (the "August 2024 Share Repurchase Program"). Workday may repurchase shares of Class A common stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic, and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The August 2024 Share Repurchase Program has no expiration date, but may be suspended or discontinued at any time, and does not obligate Workday to acquire any amount of Class A common stock. The information in each item of this current report on Form 8-K and the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. Section 9 – Financial Statements and Exhibits

01 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 Press release entitled "Workday Announces Fiscal 2025 Se cond Quarter Financial Results" dated August 2 2 , 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) Signature Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 22, 2024 Workday, Inc. /s/ Zane Rowe Zane Rowe Chief Financial Officer

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