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Workday quarterly revenue rises 33.4%

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(Reuters) – Workday Inc reported a 33.4% rise in quarterly revenue on Tuesday, as the financial and human resources software maker enrolled more companies for its cloud-based software.

The company’s net loss widened to $116.3 million (91.9 million pounds), or 52 cents per share, in the first-quarter ended April 30, from $74.4 million, or 35 cents, a year earlier.

Revenue rose to $825.1 million from $618.6 million.

(Reporting by Sayanti Chakraborty in Bengaluru; Editing by Shailesh Kuber)

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