Okta pops 20% after topping estimates as AI threat spikes demand for identity security
Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty ImagesOkta shares surged 20% in extended trading after the identity software provider surpassed Wall Street's fiscal second-quarter estimates.Here's how the company did compared to LSEG estimates:Earnings per share: $1.05 adjusted vs. 97 cents expectedRevenue: $805 million vs. $795 million expectedRevenue rose 11% from $728...
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