Aneel Bhusri at the 2016 World Economic Forum in Davos, Switzerland.
David A. Grogan | CNBC
Workday shares rose as much as 13% in extended trading on Thursday after the cloud software company reported better-than-expected quarterly revenue and earnings.
The company also said Chano Fernandez is being promoted from co-president to co-CEO, operating alongside Aneel Bhusri, who’s been leading Workday since its founding in 2005.
Here’s how the company did:
- Earnings: 84 cents per share, adjusted, vs. 66 cents per share as expected by analysts, according to Refinitiv.
- Revenue: $1.06 billion, vs. $1.04 billion as expected by analysts, according to Refinitiv.
Revenue increased by about 20% from a…