Okta Stock Jumps on Earnings Beat. The CEO Is Optimistic About AI.’ - Barron's
1. Okta reported Q4 earnings of 78 cents, beating estimates. 2. Annual revenue forecast raised to $2.85-$2.86 billion, above expectations. 3. CEO McKinnon describes Q4 as a 'breakout quarter' with broad strength. 4. First-quarter revenue guidance also exceeds Wall Street predictions. 5. Okta’s stock has risen 14% this year amid positive performance.