For the quarter ended July 31 the Pleasanton, Calif., company reported adjusted earnings rose to 44 cents a share from 31 cents in the year-earlier quarter. Revenue climbed 33% to $887.8 million.
Analysts surveyed by FactSet were expecting the company to report earnings of 35 cents a share on revenue of $872.3 million.
CEO Aneel Bhursi said in a statement that continued momentum across Fortune 500 and Global 2,000 clients drove the outsized quarter.
Subscription revenue rose 34% and operating margins and cash flow were "solid," Robynne Sisco, co-president and chief financial officer, said.
Workday provides enterprise cloud applications for finance and human resources.
As a result of the strong quarter, the company increased its subscription revenue outlook for the year to between $3.06 billion and $3.07 billion.
Workday shares were up 2.3% to $192.01 after hours Thursday. They finished the regular session up 1.3%.
Save 57% With Our Labor Day Sale. Join Jim Cramer's Action Alerts PLUS investment club to become a smarter investor! Click here to sign up!