Okta soars 5% after first earnings report

Okta Team Rings Bell Okta reported its first quarterly results since going public in April. The company managed to surpass investors expectations and went up 5% in initial after-hours trading. Okta, which provides identity management software for businesses, brought in $53 million in revenue, a 67% increase from the same period last year. Investors had been forecasting $48 million. But losses increased from… Read More

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