Menu
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

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. 

Continue reading


Source Fool.com

Like: 0
Share

Comments