HomeBusinessConsumer ServicesEarnings Alert: Okta Inc. (OKTA)
Earnings Alert: Okta Inc. (OKTA)

Okta Inc. (OKTA) stock price is trading higher in the after-hours session after their earnings report was announced. OKTA shares have been under pressure as the stock market is bailing on cloud companies. The OKTA earnings call revealed -$0.27 in EPS and $415M in revenue, beating the estimates. "Okta Inc. had a data breach earlier this year, which hurt their brand. The challenge for the company is that it is still structurally unprofitable," says George Tsilis.

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