Okta, Inc. (OKTA) Tops Q1 EPS by 10c, Offers Mixed Guidance

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Okta Announces Strong First Quarter Results

May 26, 2021 4:01 PM EDT

Q1 revenue grew 37% year-over-year; subscription revenue grew 38% year-over-year Remaining performance obligations (RPO) grew 52% year-over-year to $1.89 billion Record quarterly operating and free cash flows Announces Chief Financial Officer transition

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its first quarter ended April 30, 2021.

"Broad-based demand for both our customer and workforce identity solutions led to another quarter of strong financial results and an excellent start to the fiscal year,"... More