04:36 PM EST, 12/03/2024 (MT Newswires) -- Okta ( OKTA ) reported fiscal Q3 non-GAAP earnings late Tuesday of $0.67 per diluted share, up from $0.44 a year earlier.

Analysts surveyed by FactSet expected $0.58.

Revenue for the quarter ended Oct. 31 was $665 million, up from $584 million a year earlier.

Analysts surveyed by FactSet expected $649.7 million.

The company said it expects fiscal Q4 non-GAAP diluted EPS of $0.73 to $0.74 on revenue of $667 million to $669 million. Analysts surveyed by FactSet expect non-GAAP EPS of $0.67 on revenue of $651.3 million.

Okta ( OKTA ) said it expects fiscal 2025 non-GAAP diluted EPS of $2.75 to $2.76, versus the prior outlook of $2.58 to $2.63. Analysts surveyed by FactSet expect $2.61. The company expects revenue for the year of $2.595 billion to $2.597 billion, versus previous guidance of about $2.56 billion to $2.57 billion. Analysts surveyed by FactSet expect $2.56 billion.

Shares of Okta ( OKTA ) surged past 19% in recent after-hours activity.

Price: 97.35, Change: +15.64, Percent Change: +19.14