Reported 2 days ago
Okta (OKTA) reported a Q1 earnings per share of $0.86, surpassing estimates of $0.77, and showed a revenue of $688 million, exceeding the forecast. This performance reflects an 11.69% earnings surprise and continues Okta's trend of exceeding earnings expectations for four consecutive quarters. However, the current outlook for the stock remains cautious with a Zacks Rank #4 (Sell), indicating anticipated underperformance in the near future.
Source: YAHOO