Okta Inc.
- Okta Inc. jumped 13% to $92.35, and the identity and access management company said revenue in the third quarter increased 14% from a year ago to $569 million.
The company also guided revenue in the fourth quarter to range between $667 million and $669 million.
Dec 4, 2024 - Okta soared 24.5% to $108.50 after the identity software management company reported better-than-expected quarterly results and estimated higher-than-expected quarterly results.
Fourth quarter revenue increased 19% to $605 million, net loss shrank to $44 million from $153 million, and diluted loss per share decreased to 26 cents from 95 cents a year ago.
Net cash provided by operations in the quarter increased to $174 million, or 29% of total revenue, compared to net cash provided by operations of $76 million, or 15% of total revenue, in the quarter a year ago.
Free cash flow was $166 million, or 28% of total revenue, compared to $72 million, or 14% of total revenue, in the fourth quarter of fiscal 2023.
Feb 29, 2024
| Year | Apr | Jul | Oct | Jan | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -0.94 | -0.74 | -0.68 | -0.49 | - | |
| 2022 | -1.63 | -1.56 | -1.34 | -1.32 | -5.16 | |
| 2021 | -0.58 | -0.83 | -1.83 | -1.44 | -5.73 | |
| 2020 | -0.42 | -0.47 | -0.48 | -0.56 | -2.09 | |
| 2019 | -0.28 | -0.46 | -0.37 | -0.53 | -1.78 | |
| 2018 | 0.01 | -0.25 | -0.37 | -0.27 | -0.88 | |
| 2017 | - | 0.50 | 0.29 | 0.34 | 1.13 | |
| 2016 | - | - | - | - | - | |
| 2015 | - | - | - | - | - |