{"id":90060,"date":"2024-12-04T02:01:40","date_gmt":"2024-12-04T07:01:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90060"},"modified":"2024-12-04T02:17:55","modified_gmt":"2024-12-04T07:17:55","slug":"okta-shares-pop-18-on-earnings-beat-strong-guidance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2024\/okta-shares-pop-18-on-earnings-beat-strong-guidance.html","title":{"rendered":"Okta shares pop 18% on earnings beat, strong guidance"},"content":{"rendered":"\n<p>(CNBC) Okta helps companies manage employees\u2019 access to applications or devices with features such as single sign-on and multifactor authentication. The company swung to profitability, reporting net income of $16 million, or 9 cents per share, during the quarter, compared with a net loss of $81 million, or 49 cents per share, in the same period last year. The company reported $651 million in subscription revenue for the quarter, beating the $635 million average analyst estimate, according to Street,<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/12\/03\/okta-okta-q3-earnings-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Okta helps companies manage employees\u2019 access to applications or devices with features such as single sign-on and multifactor authentication. The company swung to profitability, reporting net income of $16 million, or 9 cents per share, during the quarter, compared [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90060","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90060"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90060\/revisions"}],"predecessor-version":[{"id":90061,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90060\/revisions\/90061"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}