Latest Breaking News On - Okta workforce identity cloud - Page 1 : comparemela.com
Corporate identity management software company Okta (NASDAQ: OKTA) recently announced its third quarter results that continued to outpace market expectations. The company added several AI-focused products during the quarter. Okta's Financials Revenues for the third quarter grew 21% to $584 million, ahead of the market's forecast of $560.6 million. EPS was $0.48, significantly better than the Street's estimate of $0.30 per share. By segment, subscription services revenues increased 22% to $569 million. Revenue from the Professional Services and Others segment was flat at $15 million. Among key metrics, Remaining Performance Obligations (RPO) grew 8% to $3.07 billion. Okta expects to end the fourth quarter with revenue of $585-$587 billion and non-GAAP net income per share of $0.50-$0.51. The market was looking for revenues of $580.4 million. For the full fiscal year 2024, Okta forecast revenues of $2.243-$2.245 billion and an EPS of $1.47-$1.48 per share. The market was
Early-accessProfessional-servicesRemaining-performance-obligationsWorkforce-identity-cloudCustomer-identity-cloudIdentity-threat-protectionOkta-workforce-identity-cloudUniversal-logoutLimited-early-accessOkta-customer-identityAsdaq-okta-