The Zhitong Finance App learned that on Thursday, Okta (OKTA.US) opened sharply higher, up nearly 23% as of press release. According to the news, OKTA announced financial results for the second quarter, with Q2 revenue of US$805 million (+11%) and adjusted EPS of US$1.05, all exceeding market expectations; the remaining performance obligation (RPO) reached US$4.86 billion, an increase of 17% over the previous year, reflecting the resilience of long-term subscription contracts. The estimated annual revenue target range is US$3,216 billion to US$3.26 billion (second increase in this fiscal year). Benefiting from the continued rise in corporate demand for AI security, Okta's quarterly performance fully exceeded market expectations and raised its annual revenue guidance for the second time in the year. The market's attention to the AI cybersecurity segment is rapidly heating up.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that on Thursday, Okta (OKTA.US) opened sharply higher, up nearly 23% as of press release. According to the news, OKTA announced financial results for the second quarter, with Q2 revenue of US$805 million (+11%) and adjusted EPS of US$1.05, all exceeding market expectations; the remaining performance obligation (RPO) reached US$4.86 billion, an increase of 17% over the previous year, reflecting the resilience of long-term subscription contracts. The estimated annual revenue target range is US$3,216 billion to US$3.26 billion (second increase in this fiscal year). Benefiting from the continued rise in corporate demand for AI security, Okta's quarterly performance fully exceeded market expectations and raised its annual revenue guidance for the second time in the year. The market's attention to the AI cybersecurity segment is rapidly heating up.
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