Workday reported solid fourth-quarter earnings results that were overshadowed by poor guidance and a disappointing year-end backlog of subscriptions, a combination that is likely to do nothing to dispel the negative sentiment around business software. Guidance on subscription sales for both periods came in shy of analysts’ expectations and the outlook for adjusted operating income fell flat, while the year-end subscription backlog was a billion dollars below what analysts thought it would be. Workday stock was down over 50% during the past year, while the rose by 14%.