Okta discloses wider data exposure in Oct breach; Q3 revenue $584M (+21% YoY)

Okta, Inc.

Security incident update: threat actor downloaded all customer support users' names and emails, excluding FedRamp/DoD; Okta warns of increased phishing risk.
Q3 total revenue $584M (+21% YoY); subscription revenue $569M (+22% YoY).
cRPO $1.83B (+16% YoY); record non-GAAP operating income $85M (15% of revenue).
Record operating cash flow $156M and free cash flow $150M (26% of revenue).
GAAP net loss $81M ($0.49 loss per share); non-GAAP net income $79M ($0.44 diluted EPS).

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Okta, Inc. reported third quarter ended October 31, 2023 results: revenue $584 million, net income GAAP net loss was $81 million, compared to a GAAP net loss of $209 million in the third quarter of fiscal 2023. GAAP net, EPS GAAP net loss per share was $0.49.

Period: third quarter ended October 31, 2023
Revenue: $584 million
Net income: GAAP net loss was $81 million, compared to a GAAP net loss of $209 million in the third quarter of fiscal 2023. GAAP net
EPS: GAAP net loss per share was $0.49
Result: reported results

Exact text from the filing

around the world put their trust in Okta and we are thankful for their continued partnership." Third Quarter Fiscal 2024 Financial Highlights: • Revenue: Total revenue was $584 million , an increase of 21% year-over-year. Subscription revenue was $569 million, an increase of 22% year-over-year. • RPO: RPO, or subscription backlog, was $3.07 billion, an increase

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Okta, Inc. filing history →

Source: SEC EDGAR

accession 0001660134-23-000065

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