Wall Street Reacts as Okta’s Cautious Gamble Sends Shockwaves Through Tech Stocks
Okta reported strong quarterly results, surpassing analyst predictions with $688 million in revenue and 86 cents in adjusted earnings per share. Subscription revenue surged to $673 million, driving overall profit from a $40 million loss last year to a $62 million net gain. Despite robust performance, Okta maintained a cautious outlook for 2026 due to […]
