secwatch.observer — SEC 8-K summary
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Issuer:     Okta, Inc. (OKTA)
CIK:        0001660134
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001660134-23-000065
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660134/000166013423000065/0001660134-23-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660134/000166013423000065/okta-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001660134-23-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer