|Day's range||3.4600 - 3.4600|
With me in today's meeting, we have Todd McKinnon, our chief executive officer and co-founder; and Brett Tighe, our chief financial officer. A reconciliation between GAAP and non-GAAP financial measures and a discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalents is available in our earnings release.
Wall Street finished the month of May on a down note, with major market benchmarks giving back a portion of their recent gains. Declines for the Nasdaq Composite (NASDAQINDEX: ^IXIC) and S&P 500 (SNPINDEX: ^GSPC) were slightly worse than the daily drop in the Dow Jones Industrial Average (DJINDICES: ^DJI), but overall, the Nasdaq posted strong gains for the month even as the Dow fell significantly.
Okta (OKTA) delivered earnings and revenue surprises of 83.33% and 1.45%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
SAN FRANCISCO, May 31, 2023--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its first quarter ended April 30, 2023.
Two tech stocks that are standing out as their first-quarter earnings reports approach on Wednesday, May 31 are CrowdStrike (CRWD) and Okta Inc (OKTA).
OKTA's first-quarter fiscal 2024 results are expected to reflect the positive impact of an expanding product portfolio and the continued adoption of Identity solutions.
Investors aren't sure what to make of Okta (NASDAQ: OKTA) stock ahead of its late May earnings report. Most investors have high expectations here, with Wall Street pros forecasting $511 million of sales to hit the top end of management's outlook.
Digital Turbine's (APPS) fourth-quarter fiscal 2023 results reflect a negative impact of weak advertiser spending across business segments.
In the latest trading session, Okta (OKTA) closed at $84.67, marking a +1.5% move from the previous day.
Key Insights The projected fair value for Okta is US$62.34 based on 2 Stage Free Cash Flow to Equity Okta's US$83.42...
Okta (OKTA) closed at $81.19 in the latest trading session, marking a +1.05% move from the prior day.
Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Sea Limited's (SE) first-quarter 2023 results benefit from a solid uptick in e-commerce and digital financial services businesses.
Zscaler is getting all the headlines, but one of its cybersecurity stock rivals is a much better bargain.
Amazon.com, MongoDB, Okta, Zscaler and Paycom Software are part of the Zacks top Analyst Blog.
We have narrowed our search to five large-cap stocks currently trading at a deep discount to their 52-week highs. These are: AMZN, PAYC, OKTA, ZS, MDB.
The top cybersecurity stocks struggled last month, as industry news created a weaker outlook for the sector.
Okta (OKTA) closed the most recent trading day at $70.15, moving -0.18% from the previous trading session.
Let's talk about the popular Okta, Inc. ( NASDAQ:OKTA ). The company's shares saw significant share price movement...
Okta (OKTA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
SAN FRANCISCO, May 01, 2023--Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today announced that it will release its financial results for its first quarter fiscal year 2024 ended April 30, 2023 after the U.S. market close on Wednesday, May 31, 2023. Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.
Donnelley Financial Solutions, Okta and Squarespace have been highlighted in this Industry Outlook article.
Okta (OKTA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Okta (OKTA) closed at $69.24 in the latest trading session, marking a -0.92% move from the prior day.
Okta (NASDAQ: OKTA) got off to a great start this year, with the stock ending the first quarter up 26%. It's a remarkable reversal of investor sentiment toward the company, which shifted from extremely pessimistic in 2022 to optimistic about the company's future in 2023. With that said, should you take a chance and invest in the long-term upside of this identity management company, or should you stay on the sidelines?