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A beat-and-raise quarter. Okta's overall revenue climbed 19% year over year in Q1 to $617 million, while subscription revenue jumped 20% to $603 million. Adjusted earnings per share (EPS) soared ...
Okta (NASDAQ:OKTA) has had an impressive run, with Okta stock trading under the radar as a cloud play, and cloud stocks are on fire. There's no other way to put it.As the global enterprise world ...
Okta, Inc. (formerly SaaSure Inc.) is an American identity and access management company based in San Francisco. 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]
CFO of Okta Inc (30-Year Financial, Insider Trades) William E Losch (insider trades) sold 25,000 shares of OKTA on 01/11/2021 at an average price of $251.66 a share.
Okta, which laid off 5% of its workforce in February in an bid to lower its cost bill and improve margins, posted earnings of 31 cents, excluding items, compared to estimates of 22 cents.
The company raised $1.03 billion by selling 28.5 million shares at $36 per share. The shares opened at a 21% premium to the IPO price and closed the day 32% higher at $47.55. The stock price peaked at $50.25 per share, 39% higher than the IPO price, on October 22, 2021, before plummeting to a low of $11.30 on June 17, 2022. Recognition
Fortinet, Inc. Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world.
Okta (NASDAQ:OKTA) reported earnings last night and OKTA stock is down 12% on the headlines. This is the same old story where the company beats on both the top and bottom lines. But management ...