Okta boosted its full-year outlook as the rise of artificial-intelligence agents drives demand for its offerings. The identity management and security company now expects full-year revenue of $3.22 billion to $3.23 billion, up from its prior view of $3.19 billion and $3.21 billion. Okta now expects adjusted earnings per share of $3.90 to $3.94 for the year, compared with $3.79 to $3.87 previously.

For the current third quarter, Okta expects revenue of $813 million to $817 million and adjusted earnings of 92 cents to 94 cents. Analysts polled by Fact Set expect revenue of $808.1 million and adjusted earnings of 94 cents a share. The updated outlook comes as the San Francisco-based company recorded higher profit and revenue in the second quarter, with both metrics coming in ahead of Wall Street’s expectations.

Okta pointed to strength with its largest customers, as well as momentum with its core offerings that secure the identities of organizations’ workers and customers. The company said its top line got a boost from its new products, including its identity governance offerings. Chief Executive Todd Mc Kinnon highlighted the need for Okta’s offerings as AI agents transform technology.

Okta’s second-quarter profit came in at $116 million, or 65 cents a share, compared with $67 million a year earlier. Adjusted earnings per share were $1.05, above analyst estimates of 97 cents. Revenue rose 11% to $805 million. Subscription revenue gained 12% to $793 million. The company’s subscription backlog was $4.86 billion, up 17% year over year.