From CNBC: 2025-05-27 16:06:00

Okta reported strong earnings, beating expectations with EPS of 86 cents and revenue of $688 million, up 12% from last year. Net income swung to $62 million. Despite economic uncertainty, the company maintained its fiscal year guidance of $2.85-$2.86 billion. CEO Todd McKinnon cited caution due to potential macroeconomic challenges. Customer discussions have turned cautious, but no impact on Q1 business. StreetAccount estimate exceeded with current performance obligations at $2.23 billion. Stock dropped 10% in extended trading.



Read more at CNBC:: Okta (OKTA) Q1 earnings 2026