Okta, Inc. (OKTA) Tops Q3 EPS by 5c; Guides

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Okta Announces Strong Third Quarter Results

December 2, 2020 4:01 PM EST

Increases revenue and operating profit outlook for fiscal 2021 Q3 revenue grew 42% year-over-year; subscription revenue grew 43% year-over-year Remaining performance obligations (RPO), or subscription revenue backlog, grew 53% year-over-year Record quarterly operating and free cash flows Appoints Board Member Mike Kourey to succeed Bill Losch, who is retiring, as Chief Financial Officer in March 2021

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... More