Okta, Inc. (OKTA) Tops Q4 EPS by 21c, Guidance Beats

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Go back to Okta, Inc. (OKTA) Tops Q4 EPS by 21c, Guidance Beats

Okta Announces Fourth Quarter And Fiscal Year 2023 Financial Results

March 1, 2023 4:01 PM EST

Q4 revenue grew 33% year-over-year; subscription revenue grew 34% year-over-year Current remaining performance obligations (cRPO) grew 25% year-over-year to $1.68 billion Record operating cash flow of $76 million and free cash flow of $72 million

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its fourth quarter and fiscal year ended January 31, 2023.

Were pleased with our fourth quarter financial performance and the continued improvement of our go-to-market execution, said Todd McKinnon, Chief Executive Officer... More