Okta Announces Record First Quarter Fiscal 2019 Financial Results

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Okta, Inc. (OKTA) Tops Q1 EPS by 7c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

June 6, 2018 4:11 PM EDT

Okta, Inc. (NASDAQ: OKTA) reported Q1 EPS of ($0.09), $0.07 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $83.6 million versus the consensus estimate of $78.84 million.

"We had another strong quarter and a fantastic start to the year. Coming off the heels of Oktane18, our annual customer conference, it's clear that organizations see the strategic importance of identity and Okta's value as an independent and neutral cloud platform," said Todd McKinnon, chief executive officer at Okta. "Our growth is driven by three areas of focus that align with the needs of... More