Tailwind from platform expansions - Okta Inc. raises forecast and stock prices soar by over 22%!
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Revenue growth in the first quarter: Okta achieved 0.765 billion USD in revenue and 0.91 USD adjusted earnings per share. Updated annual forecast: For the fiscal year 2027, the company plans revenues of up to 3.205 billion USD. Product innovations: New identity solutions drive new business and significantly increase contract values. Solid quarterly results underpin market position The identity management specialist Okta Inc. (OKTA) released its results for the first quarter of fiscal year 2027 on May 29, 2026....
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