Okta Posts Strong Q2 Upside, But Some Analysts Cut Forecasts: 'Not Firing On All Cylinders'
Okta(OKTA) Benzinga·2024-08-30 00:00
Shares of Okta Inc OKTA tanked in early trading on Thursday, even after the company reported upbeat second-quarter results.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Check out other analyst stock ratings.DA Davidson: Okta reported revenues and earnings of 632.7 million and 61 cents per share, respectively. However, the company's subscription revenue growth decelerated to 17% year-on-ye ...