Okta Inc Class A
OKTA: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|H> | LOCK|!J@ | LOCK|N&r$&wX |
Okta Earnings: Solid Execution and Improved Go-To-Market Strategy Marks a Rebound Quarter
Okta reported solid third-quarter financial results—sales grew 14% year over year to $665 million and adjusted margins expanded 600 basis points year over year to 21%. The firm also raised its sales and adjusted margins outlook for fiscal 2025.
