Q3 Cybersecurity Earnings: Okta (NASDAQ:OKTA) Earns Top Marks [Yahoo! Finance]
Zscaler, Inc. (ZS)
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Source: Yahoo! Finance
Q3 Cybersecurity Earnings: Okta (NASDAQ:OKTA) Earns Top Marks The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Okta (NASDAQ:OKTA) and the rest of the cybersecurity stocks fared in Q3. Cybersecurity continues to be one of the fastest-growing segments within software for good reason. Almost every company is slowly finding itself becoming a technology company and facing rising cybersecurity risks. Businesses are accelerating adoption of cloud-based software, moving data and applications into the cloud to save costs while improving performance. This migration has opened them to a multitude of new threats, like employees accessing data via their smartphone while on an open network, or logging into a web-based interface from a laptop in a new location. The 9 cybersecurity stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates
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