Okta raises forecast as CEO says economic conditions were ‘better than we thought’
Okta CEO Todd McKinnon appears on CNBC in September 2018.Anjali Sundaram | CNBCOkta shares rose 7% in extended trading on Tuesday after the identity software maker reported fiscal results that exceeded Wall Street projections.Here's how the company did in comparison with LSEG consensus:Earnings per share: 91 cents adjusted vs. 84 cents expectedRevenue: $728 million vs. $711.8 million expectedOkta's revenue grew about 13% year over year in the fiscal second quarter, which ended on July 31, accord...
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