Okta, Inc. Provides Financial Outlook for the Third Quarter and Full Year Fiscal 2022
September 01, 2021 at 04:05 pm EDT
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Okta, Inc. provided financial outlook for the third quarter and full year fiscal 2022. For the third quarter of fiscal 2022, the Company expected Total revenue of $325 million to $327 million, representing a growth rate of 50% year-over-year.
For the full year fiscal 2022, the Company now expected Total revenue of $1.243 billion to $1.250 billion, representing a growth rate of 49% to 50% 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. 
