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Management has forecast fiscal 2025 third-quarter revenue to be between $648 million and $650 million, representing year-over-year growth of about 11%, and adjusted EPS of $0.57 to $0.58.
Image source: Getty Images. Growth is expected to slow. What seemed to throw off investors was the company's guidance. It forecast revenue of $648 million-$650 million, a growth rate of 11%, which ...
Okta forecast just 11% revenue growth to a range of $648 million to $650 million in the third quarter, which was still better than the consensus at $639.1 million, and it sees cRPO slowing to ...
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 PS Ratio data by YCharts. However, with slower growth will come a lower multiple and indications of single-digit revenue growth in the back half of the year would justify its current valuation.
Stock market prediction is the act of trying to determine the future value of a company stock or other financial instrument traded on an exchange. The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any ...
7,348 (2024) ASN. 22616. Website. www.zscaler.com. Footnotes / references. [2] Zscaler, Inc. (/ ˈziːˌskeɪlər /) is an American cloud security company based in San Jose, California. The company offers cloud-based services to protect enterprise networks and data.
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.
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