Okta forecasts quarterly revenue above expectations, shares surge
Okta's shares rose 10% after the bell, after the company also raised its annual revenue and adjusted earnings forecast. Okta also recently expanded into the Indian market, and even set up its first innovation center in the Asia-Pacific there as it attempts to capitalize on the growing demand in the region. The company now forecasts annual adjusted earnings between $1.17 to $1.20 per share, from $0.88 to $0.93 per share expected earlier.
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Source: aol.com