WDAY is trading 7.4% up at $130.85 in after-hours trading after reporting a fiscal Q1 earnings beat and a strategic pivot toward agentic AI.
- Subscription revenue grew 14.3% year-over-year, supported by a 15.5% increase in the 12-month backlog, signaling sustained demand.
- CEO Aneel Bhusri highlighted a focus on agentic AI and margin preservation, which helped investors look past conservative forward growth guidance.