Okta, Inc. (OKTA) Tops Q1 EPS by 7c; Guides Higher

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Go back to Okta, Inc. (OKTA) Tops Q1 EPS by 7c; Guides Higher

Okta Announces First Quarter Fiscal Year 2023 Financial Results

June 2, 2022 4:01 PM EDT

Q1 revenue grew 65% year-over-year; subscription revenue grew 66% year-over-year Remaining performance obligations (RPO) grew 43% year-over-year to $2.71 billion; current remaining performance obligations (cRPO) grew 57% year-over-year to $1.41 billion

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its first quarter ended April 30, 2022.

We delivered solid first quarter results highlighted by strength in new customer additions, dollar-based net retention rate, and the success were having with large customers as they continue their journey... More