Okta surpassed Wall Street's fiscal Q2 expectations with adjusted EPS of $1.05 and revenue of $805 million, driven by 11% revenue growth and strong AI-related product demand. The company highlighted the early-stage opportunity in agentic AI security, noting increased cyber threats and new AI deals, including a major healthcare contract. Okta also completed the acquisition of Permiso Security and raised its full-year revenue guidance to $3.22-$3.23 billion, reflecting confidence in continued growth amid rising AI-driven cybersecurity needs.
Okta reported better-than-expected Q1 results with EPS of $1.05 and revenue of $805 million, driven by high demand for AI security solutions. The company’s new AI products now account for 30% of total bookings, fueling growth in the competitive cyber...
Okta is set to report its Q2 earnings with analysts expecting an EPS of $0.97 and revenue close to $793 million, reflecting a 9% year-over-year increase. The company benefits from strong demand for its AI products and growing subscription revenue, su...
Nvidia's earnings report on Wednesday is the week's most anticipated event, with options pricing in a 6% share move due to factors like AI infrastructure demand, product ramp timing, China exposure, and new financing partnerships. Analysts warn of po...
