Workday (WDAY) reported second quarter adjusted earnings of $1.75 per share, well above the Street expectation of $1.64. Revenue of $2.09 billion was about in line with the $2.08 billion estimate. The company's full-year subscription revenue guidance of $7.70 billion to $7.73 billion is unchanged. Workday also authorized an up to $1.0 billion share buyback.

Market Domination anchors Julie Hyman and Josh Lipton break down the results in the video above.

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This post was written by Stephanie Mikulich.