Okta, Inc. (OKTA) Tops Q2 EPS by 4c; Guides Above Views

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Okta Announces Record Second Quarter Fiscal 2019 Financial Results

September 6, 2018 4:05 PM EDT

Q2 revenue totaled $94.6 million, growing 57% year-over-year; subscription revenue grew 59% year-over-year Q2 operating cash flow margin improved 480 basis points year-over-year; free cash flow margin improved 540 basis points year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (NASDAQ: OKTA), the leading independent provider of identity for the enterprise, today announced financial results for its second fiscal quarter ended July31, 2018.

We continued to see momentum across our business in the second quarter of the fiscal year, with year-over-year subscription revenue growth of 59%, including particular strength in the enterprise,... More