Okta, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year 2022
May 26, 2021 at 04:01 pm EDT
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Okta, Inc. provided earnings guidance for the second quarter and full year of fiscal year 2022. For the second quarter, the company expects total revenue of $295 million to $297 million, representing a growth rate of 47% to 48% year-over-year.
For the full year fiscal 2022, the company expects total revenue of $1.215 billion to $1.225 billion, representing a growth rate of 45% to 47% 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. 
