Recap: Okta Q3 Earnings
Okta (NASDAQ:OKTA) reported its Q3 earnings results on Wednesday, December 1, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Okta beat estimated earnings by 70.83%, reporting an EPS of $-0.07 versus an estimate of $-0.24, which surprised analysts.
Revenue was up $133,301,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 2.64% increase in the share price the next day.
Here's a look at Okta's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.35 | -0.2 | -0.01 | -0.01 |
| EPS Actual | -0.11 | -0.1 | 0.06 | 0.04 |
| Revenue Estimate | 296.52M | 238.31M | 221.85M | 202.70M |
| Revenue Actual | 315.50M | 251.01M | 234.74M | 217.38M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted-In: BZI-RecapsEarnings
