Okta, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2025
February 28, 2024 at 04:03 pm EST
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Okta, Inc. provided earnings guidance for the first quarter and full year of fiscal 2025. For the first quarter of fiscal 2025, the Company expects: Total revenue of $603 million to $605 million, representing a growth rate of 16% to 17% year-over-year; Current RPO of $1.915 billion to $1.920 billion, representing a growth rate of 13% year-over-year.
For the full year fiscal 2025, the company now expects: Total revenue of $2.495 billion to $2.505 billion, representing a growth rate of 10% to 11% year-over-year.
Okta, Inc. is an independent identity provider company. The Company's Okta Identity Platform is an independent and neutral cloud-based identity solution that allows its customers to integrate with nearly any application, service or cloud that they choose through its secure platform and cloud infrastructure. Its Workforce Identity Cloud is used as the central system for an organizationâs connectivity, access, authentication and identity lifecycle management needs spanning all of its users, technology and applications. Its Workforce Identity products include Universal Directory, Single Sign-On, Adaptive Multi-Factor Authentication, Lifecycle Management, API Access Management, Access Gateway, Advanced Server Access and Okta Identity Governance. The Companyâs Customer Identity products include Universal Login, Attack Protection, Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections.
OKTA, INC. 
