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Dave Gennarelli: Hi, everybody. Welcome to Okta's First Quarter of Fiscal Year 2024 Earnings Webcast. I'm Dave Gennarelli, Senior Vice President of Investor Relations at Okta.
MDB earnings call for the period ending March 31, 2023.
OKTA earnings call for the period ending March 31, 2023.
So far this year, U.S.-listed firms have raised $10 billion through IPOs, down 94 percent from the same span in 2021 and nearly half of this point last year.
Artificial intelligence is fast becoming the buzzword among investment bankers and private equity firms seeking deals, but any wave of standalone AI IPOs may have to wait until next year.