Okta, Inc. (OKTA) Tops Q3 EPS by 5c, Revenues Beat; Offers Q4 & FY20 EPS/Revenue Guidance Above Consensus

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Go back to Okta, Inc. (OKTA) Tops Q3 EPS by 5c, Revenues Beat; Offers Q4 & FY20 EPS/Revenue Guidance Above Consensus

Okta Announces Strong Third Quarter Financial Results

December 5, 2019 4:05 PM EST

Q3 revenue grew 45% year-over-year; subscription revenue grew 48% year-over-year Total remaining performance obligations, or subscription revenue backlog, surpasses $1 billion The only identity company named a Leader in Zero Trust by Independent Research Firm

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (NASDAQ: OKTA), the leading independent provider of identity for the enterprise, today announced financial results for its third quarter ended October 31, 2019.

"Our strong third quarter results reflect our expanding leadership position and the growing importance of identity," said Todd McKinnon, Chief Executive Officer and... More