Okta

March 1, 2023 – Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its fourth quarter and fiscal year ended January 31, 2023. Okta, Inc. (Nasdaq: OKTA) reported fiscal Q4 non-GAAP diluted earnings of $0.30 per share, Analysts polled by Capital IQ expected $0.09. Revenue for the quarter that ended Jan. 31 was $510 million,Analysts surveyed by Capital IQ expected $489.6 million. The company said it expects Q1 non-GAAP earnings of $0.11 to $0.12 on revenue of $509 million to $511 million, versus the average analyst estimates compiled by Capital IQ for a loss of $0.01 per share on sales of $498.3 million, respectively. The company expects full-year fiscal 2024 non-GAAP earnings of $0.74 to $0.79 on revenue of $2.16 billion to $2.17 billion, compared with the average analyst estimates compiled by Capital IQ of $0.31 a share on revenue of $2.17 billion, respectively. Fourth Quarter Fiscal 2023 […]