shares improved 3% in the extended session Wednesday after the identity and access management company reported second-quarter results that beat Wall Street estimates. The San Francisco-based company reported a non-GAAP net loss of $5.5 million, or 5 cents a share. Revenue rose 49% year-over-year to $140.5 million. Analysts surveyed by FactSet had expected a loss of 10 cents a share on revenue of $131.2 million. Okta shares are up 109% this year. The S&P 500 index
has gained 15% this year.
Go to Source