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Stock impact report

Okta Announces First Quarter Fiscal Year 2025 Financial Results

Okta, Inc. - Class A (OKTA) 
Last okta, inc. - class a earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.okta.com
Company Research Source: Business Wire
Q1 revenue grew 19% year-over-year; subscription revenue grew 20% year-over-yearCurrent remaining performance obligations (cRPO) grew 15% year-over-year to $1.949 billionRecord operating cash flow of $219 million and free cash flow of $214 million SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its first quarter ended April 30, 2024.“We began the new fiscal year with record non-GAAP profitability and cash flow as we continue to benefit from the operating efficiency actions we’ve taken over the past several quarters,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta. “Identity is security and Okta is critical for organizations to modernize identity for today’s threat landscape. With the advancements we’ve made on Okta’s Secure Identity Commitment and our growing product pipeline, we remain well positioned to advance our market leadership position and win more of the massive o Show less Read more
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