Okta Inc (NASDAQ:OKTA) shares are climbing Wednesday morning after the identity security company delivered a strong second-quarter earnings beat and raised its full-year guidance. Here’s what investors need to know.
After the market close on Tuesday, Okta reported second-quarter revenue of $728 million, surpassing analyst estimates of $712.01 million. The company posted adjusted earnings of 91 cents per share, also beating the consensus forecast of 84 cents. Total revenue was up 13% from the same period last year.
