Workday reported better-than-expected earnings for its fourth quarter, with adjusted earnings per share (EPS) of $1.92, surpassing the estimated $1.78. The company also achieved revenue of $2.21 billion, exceeding the forecast of $2.18 billion, and subscription revenue of $2.04 billion, slightly above the expected $2.03 billion. Following the announcement, Workday's stock surged over 6% in after-hours trading. Analysts noted that the company is experiencing strong demand for its artificial intelligence (AI) products and is focusing on increasing its presence in federal markets as it approaches fiscal 2025. There is an emphasis on the need for Workday to effectively monetize its AI offerings to sustain growth in the coming year.