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Stock impact report

Can WDAY Stock Benefit From Healthy Subscription Revenue Growth? [Yahoo! Finance]

InterDigital, Inc. (IDCC) 
Last interdigital, inc. earnings: 2/20 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.interdigital.com
Company Research Source: Yahoo! Finance
This portrayed the strength of its existing customer relationships across industries and the growing clout of its artificial intelligence (AI) innovations as more organizations are consolidating on the Workday platform. Subscription services revenues totaled $1.96 billion, up from $1.69 billion in the year-ago quarter. At the fiscal third-quarter end, the 12-month subscription revenue backlog was $6.98 billion, up 15.3% year over year, driven by higher contract renewals. Total subscription revenue backlog increased 20.3% year over year to $22.19 billion. With an improved market share, a focus on innovation and streamlined operations, Workday expects steady growth in the Subscription business in the impending quarters. For the fourth quarter of fiscal 2025, the company expects Subscription services revenues of $2.025 billion, up 15% year over year. For fiscal 2025, management anticipates Subscription revenues of $7.703 billion, indicating growth of 17% year over year, while for fis Show less Read more
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