Okta, Inc. (OKTA) Tops Q4 EPS by 4c, Revenues Beat; Offers Q1 & FY20 EPS Guidance Below Consensus, Q1 & FY20 Revenues Guidance Above Consensus

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Okta Announces Record Fourth Quarter and Fiscal Year 2019 Financial Results

March 7, 2019 4:05 PM EST

Fiscal year 2019 revenue totaled $399 million, growing 56% year-over-year; subscription revenue grew 57% year-over-year Q4 revenue totaled $115 million, growing 50% year-over-year; subscription revenue grew 53% year-over-year Q4 operating cash flow margin improved 860 basis points year-over-year; free cash flow margin improved 690 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 fourth quarter and fiscal year ended January31, 2019.

"We're pleased to close out a strong... More