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Okta, Inc. (NASDAQ:OKTA – Get Free Report) CAO Shibu Ninan sold 1,144 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $83.33, for a total transaction of $95,329.52. Following the sale, the chief accounting officer now directly owns 8,525 shares in […]
Okta is acquiring Israel-based cybersecurity start-up Spera to expand its current capabilities around identity threat detection and response.
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...
Okta (NASDAQ:OKTA – Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided EPS guidance of 1.470-1.480 for the period, compared to the consensus EPS estimate of 1.180. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion. Okta […]
Okta, Inc. (NASDAQ:OKTA – Get Free Report) shares shot up 4.1% during mid-day trading on Tuesday . The company traded as high as $76.62 and last traded at $76.53. 1,193,945 shares were traded during trading, a decline of 54% from the average session volume of 2,578,428 shares. The stock had previously closed at $73.54. Analysts […]