Okta, Inc. (NASDAQ:OKTA) reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter.
The Details: Okta reported quarterly earnings of 72 cents per share, which beat the analyst consensus estimate of 61 cents by 18.03%. Quarterly sales came in at $646 million, which beat the consensus estimate by 2.06% and represents a 16.19% increase from the same period last year.
Subscription revenue was $632 million, an increase of 17% year-over-year.
Remaining performance obligations (RPO), or subscription backlog, was $3.505 billion, an increase of ...
