Okta shares pop 18% on earnings beat, strong guidance
Okta(OKTA) CNBC·2024-12-04 05:48
Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019.Shares of Okta popped more than 18% in extended trading on Tuesday after the identity management company released third-quarter results that beat analysts' estimates and offered rosy guidance.Here's how the company did:Earnings per share: 67 cents adjusted vs. 58 cents expected by LSEG.Revenue: $665 million vs. $650 million expected by LSEG.Okta helps companies manage employees ...