OKTA (OKTA) Q1 REPING 2026

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Todd McKinon, CEO and co -founder of OKTA, speaks during the Boxworks 2019 conference in San Francisco, California, on October 3, 2019.

Michael Short Bloomberg Gety pictures

Octa Better profits and revenues were reported on Tuesday, but she maintained its guidance as a seller of identity management programs with an unconfirmed economic background. The stock fell 11 % in extended trading.

Here’s how to compare the company with LSEG estimates:

  • Eps: 86 cents was seized for 77 cents expected
  • profit: 688 million dollars for $ 680 million expected

In the first quarter of the fiscal year, revenues increased by 12 % from 617 million dollars a year ago. The subscription revenues increased in the same amount to $ 673 million.

OKTA has reported a net income of $ 62 million, or 35 cents per share, swinging a net loss of 40 million dollars, or 24 cents per share, a year ago.

Octa said she is taking a “wise approach” of her expectations, while preserving his guidance for the fiscal year. The company previously said it expects revenues ranging between $ 2.85 billion and $ 2.86 billion for this year.

“When we look forward to our outlook, we put a little to maintain some uncertainty in the macro to move forward,” said Tod McKinnon, CEO in an interview with CNBC. “A big picture, we are in a good position in our market” for identity security.

Several companies have been canceled in Tech and Beyond or their expectations since President Donald Trump has announced new definitions in April. The market has recovered recently, as the administration has declined or stopped a number of these fees.

McKinnon said that discussions with customers had become “more cautious”, but he said that there was no effect on working in the first quarter.

While the company retained its revenue expectations that it was issued in March, it increased a little from its operating income instructions to between 710 and 720 million dollars from 705 million dollars to 715 million dollars.

The current performance obligations amounted to $ 2.23 billion, before estimating $ 2.19 billion in the street.

The company will host an analyst to discuss its results at 5 pm Each time.



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