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Okta's Q2 revenue jumped 16% year over year to $646 million, while subscription revenue climbed 17% to $632 million. Adjusted earnings per share (EPS) surged from $0.31 a year ago to $0.72.
Okta's stock was hit hard following its Aug. 28 second quarter earnings release, dropping 18%. On the surface, the company delivered strong results for investors. Revenue grew 16% from the prior ...
Okta also called for cRPO growth of just 9%, indicating a possible slowdown in demand. On the bottom line, it sees adjusted earnings per share of $0.57-$0.58, slightly ahead of estimates at $0.55.
Okta, Inc. [1] Okta, Inc. (formerly SaaSure Inc.) is an American identity and access management company based in San Francisco. [2] It provides cloud software that helps companies manage and secure user authentication into applications, and for developers to build identity controls into applications, website, web services, and devices. [3]
Lapsus$. Lapsus$, stylised as LAPSUS$ and classified by Microsoft as Strawberry Tempest, [1] is an international extortion -focused [2] hacker group known for its various cyberattacks against companies and government agencies. [3][4] The group was active in several countries, and has had its members arrested in Brazil and the UK in 2022. [5]
Okta: Okta, Inc. Yes Okta is SaaS based identity management and Single Sign On service provider which supports SAML 2.0, OpenID Connect and other protocols OneLogin: OneLogin Inc. Proprietary: Yes: Cloud-based identity and access management with single sign-on (SSO) and active directory integration OpenAthens: Jisc: Proprietary: Yes
Okta's shares rose 10% after the bell, after the company also raised its annual revenue and adjusted earnings forecast. Okta also recently expanded into the Indian market, and even set up its ...
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