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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POSITIVE IMPACT
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