Okta Inc. (OKTA) CFO On Company's Outstanding Earnings

Okta Inc. (OKTA) CFO, Brett Tighe, joins Oliver Renick to discuss OKTA. He talks about OKTA's earnings which were released May 31st. Its adjusted EPS came in at $0.22 versus an estimated $0.12 and revenue came in at $518.00M versus an estimated $510.58M. OKTA raised its FY24 revenue guidance to $2.175B-$2.185B from $2.155B-$2.170B. The company's 1Q revenue grew 25% year-over-year and subscription revenue grew 26% year-over-year. OKTA also reported record operating cash flow of $129M and free cash flow of $124M. Tune in to find out more about the stock market today.