OKTA Stock Recent News
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Okta (OKTA) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.31 per share a year ago.
Okta Inc.'s stock tumbled 8% in after-hours trade Wednesday, after the secure-identity cloud company's fiscal second-quarter earnings beat estimates, but guidance was mixed.
The company has underperformed the market in the face of macroeconomic headwinds. Okta management has focused on three areas to reignite revenue growth once the economy rebounds. It trades at a reasonable valuation.
OKTA's second-quarter fiscal 2025 benefits from an expanding clientele amid a challenging macroeconomic environment.
OKTA is riding on an expanding clientele driven by the strong adoption of its Identity Threat Protection solution amid a challenging macroeconomic environment.
In the latest trading session, Okta (OKTA) closed at $97.93, marking a +1.28% move from the previous day.
Okta (OKTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the closing of the recent trading day, Okta (OKTA) stood at $83.80, denoting a +1.15% change from the preceding trading day.
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its second quarter fiscal year 2025 ended July 31, 2024 after the U.S. market close on Wednesday, August 28, 2024. Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Event: Okta's Second Quarter Fiscal Year 2025 Financial Results Date: Wednesday, August 28, 2024 Tim.
OKTA is benefiting from an expanding clientele driven by the strong adoption of its Identity Threat Protection solution.