Okta, Inc. (OKTA) Tops Q2 EPS by 21c

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Okta Announces Second Quarter Fiscal Year 2023 Financial Results

August 31, 2022 4:01 PM EDT

Q2 revenue grew 43% year-over-year; subscription revenue grew 44% year-over-year Remaining performance obligations (RPO) grew 25% year-over-year to $2.79 billion; current remaining performance obligations (cRPO) grew 36% year-over-year to $1.50 billion

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its second quarter ended July 31, 2022.

Identity has become a critical component of every organization's strategy around zero trust security, digital transformation, and cloud adoption. These three mega trends continue to drive the identity market, said Todd McKinnon, Chief... More