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Okta Inc (NASDAQ:OKTA) reported fourth-quarter financial results for fiscal 2026 after the market close on Wednesday. Here’s a rundown of the cybersecurity company’s report.
- Okta stock is showing downward pressure. What should traders watch with OKTA?
Okta Tops Estimates In Q4
Okta posted revenue of $761 million for the fourth quarter, beating analyst estimates of $748.79 million, according to Benzinga Pro. Fourth-quarter adjusted earnings came in at 90 cents per share, beating expectations of 85 cents per share.
Total revenue was up 11% on a year-over-year basis as subscription revenue increased 11% to $747 million. Remaining performance obligations totaled $4.83 billion at quarter’s end, up 15% year-over-year.
Net cash provided by operations was $258 million, down from $286 …
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