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Cloud Stocks: Okta Not Worried by Macro Headwinds

Corporate identity management software company Okta (NASDAQ: OKTA) recently announced its second quarter results that continued to outpace market expectations. The company improved its outlook for the rest of the year as well, sending the stock soaring more than 10% in the after-hours trading session. Okta's Financials Revenues for the second quarter grew 23% to $556 million, surging ahead of the market's forecast of $534.06 million. EPS was $0.31, significantly better than the Street's estimate of $0.21 per share. By segment, subscription services revenues increased 24.6% to $542 million. Revenue from the Professional Services and Others segment fell 17.6% to $14 million. Among key metrics, Remaining Performance Obligations (RPO) grew 8% to $3.03 billion. Okta expects to end the third quarter with revenue of $558-$560 billion and non-GAAP net loss of $0.29-$0.30. The market was looking for revenues of $560.86 million and a net income of $0.30 per share. For the ....

Professional Services , Remaining Performance Obligations , Okta Device Access , Access Management , Workforce Identity Cloud , Desktop Password Sync , Platform Single Sign On Extension , Okta Verify , Government High , Asdaq Okta , Technology Stocks ,

Jamf and Okta are first to support Apple's Platform Single Sign-On framework for optimized authentication

Jamf and Okta are first to support Apple's Platform Single Sign-On framework for optimized authentication
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Matt Vlasach , Jamie Fitz Gerald , Jennifer Gaumond , Platform Single Sign On , Jamf Connect , Okta Device Access , Desktop Password Sync , Okta Verify , Enrollment Customization , Okta Fastpass , Product Management , Enrollment Single Sign On , Senior Director ,

Jamf and Okta are first to support Apple's Platform Single

With Platform Single Sign-on, Jamf and Okta now offer fast, secure and streamlined authentication during onboarding and continued work on Mac. ....

Matt Vlasach , Jamie Fitz Gerald , Jennifer Gaumond , Platform Single Sign On , Jamf Connect , Okta Device Access , Desktop Password Sync , Okta Verify , Enrollment Customization , Okta Fastpass , Product Management , Enrollment Single Sign On , Senior Director , Nasdaq Jamf ,

Jamf announced support for Platform Single Sign-On (SSO) with Okta - Global Security Mag Online

Jamf and Okta are first to support Apple’s Platform Single Sign-On framework for optimized authentication With Platform Single Sign-on, Jamf and (.) ....

Okta Device Access , Desktop Password Sync , Okta Verify , Enrollment Customization , Okta Fastpass ,

New Okta tool focuses on hybrid workforce security

SiliconANGLE reports that Okta has rolled out a new solution called Okta Device Access, which allows enterprises to implement their identity and access management protocols to devices in the hands of hybrid workers. ....

Okta Device Access , Workforce Identity Cloud , Device Access , Desktop Multi Factor Authentication , Desktop Password Sync ,