Okta Q2 Adj EPS $0.31 Beats $0.22 Estimate, Sales $556.00M Beat $534.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Okta reported Q2 adjusted earnings of $0.31 per share, beating the analyst consensus estimate of $0.22 by 40.91%. This is a 410% increase from the same period last year. The company also reported quarterly sales of $556.00 million, beating the analyst consensus estimate of $534.54 million by 4.01%. This is a 23.06% increase from the same period last year.
August 30, 2023 | 8:02 pm
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Okta's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance.
Okta's Q2 earnings and sales have significantly exceeded analyst estimates, indicating strong financial performance. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100