💨 Abstract

Okta Inc. (OKTA) reported a fiscal first-quarter profit of $62 million, exceeding Wall Street expectations with earnings of 86 cents per share (adjusted). Revenue was $688 million, also beating forecasts. For the next quarter, Okta projects earnings of 83-84 cents per share and revenue of $710-$712 million. The company expects full-year earnings to be between $3.23 and $3.2

Courtesy: WTOP Staff