Business
Workday Reports Higher Profit, Revenue on AI Agent Adoption
Workday WDAY 5.69%increase; up pointing triangle reported a higher profit and rising revenue in the fiscal second quarter, driven by growing adoption of its artificial-intelligence agents.
The human resources software company on Thursday reported a profit of $632 million, or $2.57 a share, compared with a profit of $228 million, or 84 cents a share, a year earlier. The profit includes a tax benefit of $1.52 a share related to an internal transfer of intellectual property rights, the company said.
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