Okta Q1 2025 Adj EPS $0.65 Beats $0.55 Estimate, Sales $617.000M Beat $604.339M Estimate
Portfolio Pulse from Benzinga Newsdesk
Okta (NASDAQ:OKTA) reported Q1 2025 adjusted earnings per share (EPS) of $0.65, surpassing the analyst consensus estimate of $0.55 by 18.18%. The company's quarterly sales were $617 million, exceeding the estimate of $604.339 million by 2.09%. This represents a significant year-over-year increase in both EPS and sales.
May 29, 2024 | 8:04 pm
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Okta reported Q1 2025 adjusted EPS of $0.65, beating the estimate of $0.55 by 18.18%. Sales were $617 million, exceeding the estimate of $604.339 million. This strong performance indicates robust growth and could positively impact the stock price in the short term.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive investor sentiment and potential upward movement in Okta's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100