Okta (OKTA) Falls Despite Topping Q2 Estimates for Profit, Sales, and Guidance, Prompting Wall St. Upgrade
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Okta Announces Strong Second Quarter Results
September 1, 2021 4:01 PM EDTQ2 revenue grew 57% year-over-year; subscription revenue grew 59% year-over-year Remaining performance obligations (RPO) grew 57% year-over-year to $2.24 billion Increases revenue and operating profit outlook for fiscal 2022
SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its second quarter ended July 31, 2021.
"In our first quarter as a combined company with Auth0, we're off to a fantastic start," said Todd McKinnon, Chief Executive Officer and co-founder of Okta. "Execution remained sharp with strong demand for Okta's workforce... More
