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Okta also called for cRPO growth of just 9%, indicating a possible slowdown in demand. On the bottom line, it sees adjusted earnings per share of $0.57-$0.58, slightly ahead of estimates at $0.55.
Image source: Getty Images. Okta is still stuck in second gear. Okta's revenue growth was solid, but investors seem to be hoping that the company can accelerate growth back toward the 40% mark ...
Spera, which has about 25 employees, had raised $10 million prior to the Okta acquisition. Investors included YL Ventures and angel investors hailing from tech giants like Google, Palo Alto ...
Okta, Inc. ( NASDAQ:OKTA ) shareholders might understandably be very concerned that the share price has dropped 31% in... Investors in Okta (NASDAQ:OKTA) have made a respectable return of 94% over ...
At its current 27.3x enterprise multiple of its forward revenue, once investors get over the digestion process and the deal closes, a larger, faster growing Okta could command a higher valuation.
Okta, Inc. [1] Okta, Inc. (formerly SaaSure Inc.) is an American identity and access management company based in San Francisco. [2] It provides cloud software that helps companies manage and secure user authentication into applications, and for developers to build identity controls into applications, website, web services, and devices. [3]
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Okta’s stock price dropped more than 11% on Friday — wiping at least $2 billion off the company’s ... Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs ...