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Okta, Inc. [1] Okta, Inc. (formerly SaaSure Inc.) is an American identity and access management company based in San Francisco. [2] It provides cloud software that helps companies manage and secure user authentication into applications, and for developers to build identity controls into applications, website, web services, and devices. [3]
Okta also called for cRPO growth of just 9%, indicating a possible slowdown in demand. On the bottom line, it sees adjusted earnings per share of $0.57-$0.58, slightly ahead of estimates at $0.55.
Okta co-founder and CEO Todd McKinnon says macroeconomic uncertainty has weighed on the demand for software throughout 2024. "What's different is that companies are being careful with their money.
August 29, 2024 at 12:15 AM. Logo of jester cap with thought bubble. Image source: The Motley Fool. Okta (NASDAQ: OKTA) Q2 2025 Earnings Call. Aug 28, 2024, 5:00 p.m. ET.
Following the first Cisco takeover purchase, acquisitions have constituted 50 percent of the company's business activity. [2] The company's largest acquisition as of October 2023 is the purchase of Splunk—a software company that develops software for the analysis and monitoring of machine-generated data— US$ 28 billion. [3]
Lapsus$. Lapsus$, stylised as LAPSUS$ and classified by Microsoft as Strawberry Tempest, [1] is an international extortion -focused [2] hacker group known for its various cyberattacks against companies and government agencies. [3][4] The group was active in several countries, and has had its members arrested in Brazil and the UK in 2022. [5]
Okta did raise its full-year adjusted EPS guidance to $2.58-$2.63 from $2.35-$2.40, which was ahead of the consensus at $2.42. The company has historically given conservative guidance so investors ...
Coherent Corp. (formerly II-VI Incorporated) is an American manufacturer of optical materials and semiconductors. As of 2023, the company had 26,622 employees. Their stock is listed at the New York Stock Exchange under the ticker symbol COHR. In 2022, II-VI acquired laser manufacturer Coherent, Inc., and adopted its name. [3][4]