Okta, Inc. Reports Earnings Results for the First Quarter Ended April 30, 2021
May 26, 2021 at 04:04 pm EDT
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Okta, Inc. announced earnings results for the first quarter ended April 30, 2021. For the first quarter, the company announced total revenue was USD 251.006 million compared to USD 182.859 million a year ago. Operating loss was USD 90.681 million compared to USD 52.199 million a year ago. Net loss was USD 109.232 million compared to USD 57.662 million a year ago.
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. 
