OKTA Beats Q2 Earnings Estimates: Guidance Raise to Lift Shares?
OKTAOkta(OKTA) ZACKS·2024-08-30 01:10

Okta (OKTA) reported second-quarter fiscal 2025 earnings of 72 cents per share, beating the Zacks Consensus Estimate by 18.03%. The company posted earnings of 31 cents per share in the year-ago quarter.Total revenues increased 16% year over year to $646 million and surpassed the consensus mark by 2.18%. The year-over-year upside can be attributed to higher subscription revenues.OKTA raised its top-line guidance for the fiscal 2025 based on its strong second-quarter performance and operational efficiencies.T ...