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 secondquarter 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 $646 million and 72 cents per share. It beat the consensus of $632.7 million and 61 cents per share, respectively. However, the company's subscription revenue growth decelerated to 17% year-on-y ...