Okta, Inc. (OKTA) Tops Q2 EPS by 9c; Guides Higher

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Okta Announces Strong Second Quarter Results

August 27, 2020 4:05 PM EDT

Increases revenue and operating profit outlook for fiscal 2021 Q2 revenue grew 43% year-over-year; subscription revenue grew 44% year-over-year Remaining performance obligations, or subscription revenue backlog, grew 56% 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 quarter ended July 31, 2020.

The three mega-trends that have been driving our business for the past several years - the adoption of cloud and hybrid IT, digital transformation, and zero trust security - are... More