Okta (OKTA) Beats Earnings

Okta’s (OKTA) 2Q adjusted EPS came in at $0.31 versus an estimated $0.21 and revenue came in at $556.00M versus an estimated $534.06M. OKTA’s revenue grew 23.0%, gross margin came in at 73.2%, and R&D expenses came in at $172.0M. Its 3Q adjusted EPS is estimated at $0.29-$0.30 and revenue is estimated between $558M-$560M. Tune in to find out more about the stock market today.

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30 Aug 2023

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