Recap: Okta Q3 Earnings

Okta OKTA reported its Q3 earnings results on Wednesday, December 1, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Okta beat estimated earnings by 70.83%, reporting an EPS of $-0.07 versus an estimate of $-0.24, which surprised analysts.

Revenue was up $133,301,000 from the same period last year.

Last quarter the company beat on EPS by $0.24, which was followed by a 2.64% increase in the share price the next day.

Here's a look at Okta's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.35	-0.2	-0.01	-0.01
EPS Actual	-0.11	-0.1	0.06	0.04
Revenue Estimate	296.52M	238.31M	221.85M	202.70M
Revenue Actual	315.50M	251.01M	234.74M	217.38M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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