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Bigger Customers Help Okta Deliver Another Strong Quarter


It may not be death or taxes, but blowout growth every quarter from Okta (NASDAQ: OKTA) is about as close as you can get to a guarantee in today's market.

The cloud-based identity and security specialist posted another impressive quarter with strong top-line growth as the company added new customers, expanded customer relationships, and ramped up its business with the biggest enterprises it serves. Shares were trading down 2% after hours, which may be mostly a reflection of how far the stock has already come. It's more than doubled over the last year and is up more than 400% since its IPO in April 2017.

Let's look at the key numbers behind Okta's second-quarter report before diving deeper into the quarter. 

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Source Fool.com

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