Okta Inc Class A
OKTA: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Rb< | LOCK|j> | LOCK|#?>G>C |
Okta Earnings: A Strong Quarter Highlighted by Top-Line Momentum and Expanding Margins
Okta reported strong third-quarter financial results, with the firm's sales growing 12% to $742 million and adjusted operating margins expanding 300 basis points to 24%. Management also provided solid top-line guidance for the upcoming quarter, with sales expected to grow 10% to $749 million.
