Okta, Inc. (OKTA) Tops Q4 EPS by 5c, Beats on Revenues; Offers FY19 EPS/Revenue Outlook Above Consensus

March 7, 2018 4:18 PM

Note: EPS may not be comparable

Okta, Inc. (NASDAQ: OKTA) reported Q4 EPS of ($0.10), $0.05 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $77.8 million versus the consensus estimate of $73.9 million.

Fourth Quarter Fiscal 2018 Financial Highlights:

Financial Outlook:

The guidance below and corresponding growth rates are presented under ASC Topic 606, which the Company adopted on February 1, 2018, using the retrospective method. Please refer to the supplemental tables posted on the Company\'s investor relations website for updated historical financials under ASC Topic 606.

For the first quarter of fiscal 2019, the Company currently expects:

For the full fiscal 2019, the Company expects:

GUIDANCE:

Okta, Inc. sees FY2019 EPS of ($0.67)-($0.62), versus the consensus of ($0.75). Okta, Inc. sees FY2019 revenue of $343-348 million, versus the consensus of $343.89 million.

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

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