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Pune, India, 4 April 2024 - Savex Technologies, India's third-largest information and communication technology distributor, announced that it is teaming up with Okta, the leading independent...
OKTA earnings call for the period ending December 31, 2023.
Corporate identity management software company Okta (NASDAQ: OKTA) recently announced its third quarter results that continued to outpace market expectations. The company added several AI-focused products during the quarter. Okta's Financials Revenues for the third quarter grew 21% to $584 million, ahead of the market's forecast of $560.6 million. EPS was $0.48, significantly better than the Street's estimate of $0.30 per share. By segment, subscription services revenues increased 22% to $569 million. Revenue from the Professional Services and Others segment was flat at $15 mi...
In a blog post dated November 29, 2023, Okta revised its preliminary estimates that just 1% of the company’s Okta customer support system users were affected in a recent data breach....
Contrary to its earlier analysis, Okta has confirmed that all of its customer support system users are affected by the recent security incident.