financetom
Business
financetom
/
Business
/
Okta Fiscal Q4 Non-GAAP Earnings, Revenue Higher -- Shares Rise in Late Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Okta Fiscal Q4 Non-GAAP Earnings, Revenue Higher -- Shares Rise in Late Hours
Mar 3, 2025 1:43 PM

04:29 PM EST, 03/03/2025 (MT Newswires) -- Okta ( OKTA ) late Monday reported fiscal Q4 non-GAAP earnings of $0.78 per diluted share, up from $0.63 a year earlier.

Analysts polled by FactSet, on average, expected $0.74.

Revenue for the quarter ended Jan. 31 was $682 million, compared with $605 million a year earlier. Analysts expected $668.9 million.

For fiscal Q1, Okta ( OKTA ) is looking for non-GAAP EPS of $0.76 to $0.77 on revenue of $678 million to $680 million. Wall Street view is expecting $0.70 and $669.8 million, respectively.

For its fiscal 2026, the identity protection company is projecting non-GAAP EPS of $3.15 to $3.20 on $2.85 billion to $2.86 billion in revenue. Analysts are expecting $2.93 and $2.79 billion, respectively.

Shares recently were up 15% in after-hours session.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Enphase Energy Starts Shipping IQ8X, IQ8 Microinverters With Higher Domestic Content
Enphase Energy Starts Shipping IQ8X, IQ8 Microinverters With Higher Domestic Content
Dec 11, 2024
09:25 AM EST, 12/11/2024 (MT Newswires) -- Enphase Energy ( ENPH ) said Wednesday it has started shipping IQ8X microinverters and IQ8P-3P commercial microinverters provided by plants in the US with higher domestic content than previous models. The company previously said that some IQ8 microinverters, combined with other US-made solar equipment, could qualify for the domestic content bonus tax credit...
Lightwave Logic Names Yves LeMaitre CEO
Lightwave Logic Names Yves LeMaitre CEO
Dec 11, 2024
09:17 AM EST, 12/11/2024 (MT Newswires) -- Lightwave Logic ( LWLG ) said Wednesday that it has named Yves LeMaitre as chief executive officer, and Thomas Zelibor, former CEO and chairman, as president. LeMaitre succeeds Michael Lebby, who retired as chairman and CEO as of Tuesday, Lightwave said. The company's board also named Ronald Bucchi, current lead independent director, as...
Market Chatter: Apple Working With Broadcom on AI Chip
Market Chatter: Apple Working With Broadcom on AI Chip
Dec 11, 2024
09:21 AM EST, 12/11/2024 (MT Newswires) -- Apple ( AAPL ) is working with Broadcom ( AVGO ) as it develops its first server chip specially designed for artificial intelligence, The Information reported Wednesday, citing three people with direct knowledge of the project. Apple's ( AAPL ) work with Broadcom ( AVGO ) pertains to the chip's networking technology, a...
UniCredit's Orcel was plotting bid before Banco BPM forced hand, sources say
UniCredit's Orcel was plotting bid before Banco BPM forced hand, sources say
Dec 11, 2024
MILAN (Reuters) - UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said. But instead of being able to choose the right moment, UniCredit had to rush out a 10 billion euro bid when Italy's third-largest lender made its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved