Okta Shares Surge 26% on Q3 Beat & Better Than Expected Outlook
<p><a href='https://financialmodelingprep.com/financial-summary/OKTA'>Okta, Inc. (NASDAQ:OKTA)</a> shares gained more than 26% after the company reported Q3 results, with EPS of $0.00 coming in better than the Street estimate of ($0.24). Revenue was $481 million, beating the Street estimate of $465.42 million.</p>
<p>While macros continued to worsen, results benefited from better sales execution and success with larger deals. </p>
<p>The company expects Q4/23 EPS to be in the range of $0.09-$0.10, compared to the Street estimate of ($0.11). Revenue is seen in the range of $488-490 million, better than the Street estimate of $487 million.</p>

NASDAQ:OKTA