OKTA Okta

Okta (OKTA.US) Q1 results and Q2 guidelines exceeded expectations and raised full-year results guidelines

Glonghui, June 1 - Okta (OKTA.US)'s revenue for the first fiscal quarter was 518 million US dollars, exceeding expectations of 510 million US dollars; adjusted earnings per share of 0.22 US dollars, exceeding expectations of 0.12 US dollars. The company expects revenue of 533-535 million US dollars for the second fiscal quarter, exceeding expectations of 528 million US dollars; the adjusted earnings per share are expected to be 0.21-0.22 US dollars, exceeding expectations of 0.16 US dollars. The company expects revenue of US$21.8-2.19 billion for the full fiscal year, compared to US$21.6-2.17 billion; the adjusted earnings per share are expected to be US$0.88-0.93, previously

11:38

Benzinga's Top Ratings Upgrades, Downgrades For June 1, 2023

UpgradesFor Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX), Credit Suisse upgraded the previous rating of Neutral to Outperform. Banco Latinoamericano earned $1.02 in the first quarter, comp

51minutes ago

Update: Okta Shares Down After Analyst Price Target Cuts Despite Improved Fiscal Q1 Results

(Updates with the company's latest stock move in the headline and lede, adds analysts' price target cuts in the second paragraph and revises analysts' estimates in the last two paragraphs.) Okta (OKTA

22:26

BMO Capital Downgrades Okta to Market Perform From Outperform, Adjusts Price Target to $85 From $94

Okta (OKTA) has an average outperform rating and a price target range of $64 to $120, according to analysts polled by Capital IQ. Price: 71.72, Change: -19.18, Percent Change: -21.10

22:07

Okta Downgraded to Market Perform at BMO Capital

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21:27

Sector Update: Tech Stocks Mixed Premarket Thursday

Technology stocks were mixed premarket Thursday with the Technology Select Sector SPDR Fund (XLK) down 0.15%, while the iShares Semiconductor ETF (SOXX) was recently advancing by 0.36%. Okta (OKTA) re

21:19

Sector Update: Tech

Technology stocks were mixed premarket Thursday with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the iShares Semiconductor ETF (SOXX) recently advancing by 0.3%. Okta (OKTA) reported fi

20:54

TRVN, MRKR and EVTL Among Pre-market Losers

20:30

Okta Stock Tanks. The Case Against Buying the Dip. -- Barrons.com

By Adam Clark Okta shares were tumbling on Thursday as investors digested its first-quarter earnings. Wall Street analysts still like the identity-management software provider's products but counsel

20:29

Okta Slumps ~20% After J.P. Morgan Downgrades on Macro Concerns

20:14