UPDATE: Okta, Inc. (OKTA) Tops Q1 EPS by 12c, Beats on Revenues; Offers Positive FY18 Revenue Outlook

June 7, 2017 4:09 PM

(Updated - June 7, 2017 4:33 PM EDT)

(Update corrects to show adjusted EPS figure beat consensus)

Okta, Inc. (NASDAQ: OKTA) reported Q1 EPS of ($0.50), $0.12 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $53 million versus the consensus estimate of $48.23 million.

GUIDANCE:

Okta, Inc. sees FY2018 EPS of ($1.15)-($1.11). Okta, Inc. sees FY2018 revenue of $233-236 million, versus the consensus of $226.79 million.

Financial Outlook:

For the second quarter of fiscal 2018, the Company currently expects:

For the full fiscal 2018, the Company currently expects:

First Quarter Fiscal 2018 Financial Highlights:

For earnings history and earnings-related data on Okta, Inc. (OKTA) click here.

Categories

Earnings Guidance