Summary
Workday, Inc. (WDAY) filed an 8-K on May 31, 2016, to report its financial results for the first quarter ended April 30, 2016. The press release attached to the filing provides key financial metrics and operational updates for investors to assess the company's performance. This report serves as a timely disclosure of the company's financial condition and results of operations for the period.
Key Highlights
- 1Workday announced its financial results for the first quarter of fiscal year 2017, ending April 30, 2016.
- 2The filing incorporates by reference the press release titled 'Workday Announces Fiscal 2017 First Quarter Financial Results', dated May 31, 2016.
- 3This 8-K filing is primarily an informational disclosure of the company's quarterly financial performance.
- 4The information provided is not deemed 'filed' for the purposes of Section 18 of the Exchange Act, meaning it doesn't carry the same legal liabilities as formal SEC filings.
- 5Investors can refer to the attached press release (Exhibit 99.1) for detailed financial figures and operational commentary.
- 6The report signifies the company's adherence to timely disclosure requirements for material events.
Frequently Asked Questions
The main purpose of this 8-K filing is to officially announce and provide investors with Workday's financial results for the first quarter of fiscal year 2017, which ended on April 30, 2016. It incorporates the press release containing these results.
The detailed financial results and commentary are located in the press release attached as Exhibit 99.1 to this 8-K filing. Investors should refer to this exhibit for specific figures on revenue, earnings, and other key financial metrics.
This particular 8-K filing primarily serves to report historical financial results. Any new guidance or forward-looking statements would typically be found within the content of the press release (Exhibit 99.1) itself, which should be reviewed for such information.
The disclaimer that the information is not 'filed' for Section 18 purposes means that the company is providing this information for disclosure but is not subject to the same strict liability provisions under Section 18 of the Securities Exchange Act of 1934 as they would be for other types of SEC filings. This is a common practice for earnings press releases furnished via 8-K.