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Okta, Inc. - OKTA STOCK NEWS

Welcome to our dedicated page for Okta news (Ticker: OKTA), a resource for investors and traders seeking the latest updates and insights on Okta stock.

Okta, Inc. (Symbol: OKTA) is the leading independent provider of identity solutions for enterprises. Headquartered in San Francisco, Okta operates globally, ensuring the security and efficiency of digital interactions for many of the world's largest companies. The core of Okta's business lies in its Okta Identity Cloud, which connects and protects employees, partners, suppliers, and customers. With deep integrations to over 5,000 applications, the Okta Identity Cloud enables secure and seamless access from any device.

Okta serves thousands of customers, including notable names like Experian, 20th Century Fox, LinkedIn, Flex, News Corp, Dish Networks, and Adobe. These clients trust Okta to enhance productivity, boost revenue, and maintain robust security measures. The company's solutions cater to two key stakeholder groups: workforces and customers. For workforces, Okta provides secure access to both cloud-based and on-premises resources, ensuring that employees can work efficiently and safely. For customers, Okta ensures secure access to their clients' applications, fostering trust and reliability.

Okta has consistently achieved significant milestones since going public in 2017. The firm's financial condition remains strong, backed by strategic partnerships and continuous innovation in identity and access management. Recent projects focus on expanding the capabilities of the Okta Identity Cloud, enhancing user experience, and incorporating the latest security advancements.

Committed to helping organizations fulfill their missions faster, Okta’s technology is designed to be intuitive and secure. The company’s cloud-native approach positions it as a forward-thinking leader in the cybersecurity space, adapting rapidly to the evolving digital landscape.

Stay updated with the latest developments and news about Okta, Inc. by following the most recent updates:

  • Article on Okta's recent security advancements
  • Interview with Okta's CEO on future directions
  • Partnership announcement with a major tech firm
  • Quarterly financial performance report
  • Case study on Okta's impact on a leading enterprise
Rhea-AI Summary
Okta, Inc. (NASDAQ: OKTA) will release its financial results for its third quarter fiscal year 2024 on November 29, 2023. A live webcast will be held at 2:00 p.m. Pacific time to discuss the results.
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Okta announces support for passkeys as a passwordless authentication method for Okta Customer Identity Cloud, aiming to increase adoption of phishing-resistant authentication. Passkeys provide faster, easier, and more secure sign-ins to apps and websites. According to Accenture's survey, authentication issues have negatively impacted the bottom line for 75% of global executives. Passkeys are available today in early access and will be generally available in Q4 2023.
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Okta, Inc. announced Okta AI, a suite of AI-powered capabilities to build better experiences and protect against cyberattacks. Okta AI delivers real-time Identity actions for security, user experience, and app development. Okta works with Google Cloud to accelerate AI innovation for Identity.
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Okta launches initiative to develop cybersecurity talent and provide career opportunities in technology
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Okta announces Identity Threat Protection with Okta AI, a new product for Okta Workforce Identity Cloud that delivers real-time detection and response for Identity-based threats.
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Okta, Inc. will webcast the Opening Keynote of Oktane and Investor Summit on October 4, 2023. Webcast replays will be accessible from the Okta investor relations website.
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conferences
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Okta, Inc. (NASDAQ: OKTA) announces participation in upcoming investor conferences.
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Okta reports Q2 revenue growth of 23% YoY and subscription revenue growth of 24% YoY. cRPO grows 18% YoY to $1.77 billion. Operating cash flow is $53 million and free cash flow is $49 million.
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Okta announces Okta for Global 2000, a solution that provides choice in identity management for large organizations
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management
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Okta, Inc. (NASDAQ: OKTA) will release its financial results for its second quarter fiscal year 2024 on August 30, 2023, after the U.S. market close. The company will host a live video webcast at 2:00 p.m. Pacific time to discuss the results.
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FAQ

What is the current stock price of Okta (OKTA)?

The current stock price of Okta (OKTA) is $83.28 as of December 20, 2024.

What is the market cap of Okta (OKTA)?

The market cap of Okta (OKTA) is approximately 13.8B.

What does Okta, Inc. do?

Okta provides identity and access management solutions for enterprises, ensuring secure connections for employees, partners, and clients.

What is the Okta Identity Cloud?

The Okta Identity Cloud is a platform that integrates with over 5,000 apps, enabling secure access to resources from any device.

Who are Okta’s key clients?

Notable clients include Experian, 20th Century Fox, LinkedIn, Flex, News Corp, Dish Networks, and Adobe.

When did Okta go public?

Okta went public in 2017.

What are Okta’s main offerings?

Okta's main offerings are identity solutions for workforces and customers, ensuring secure access to cloud-based and on-premises resources.

How does Okta enhance security?

Okta enhances security through deep integrations with numerous applications and offers secure access from any device.

What recent achievements has Okta accomplished?

Recent achievements include advancements in security features, strategic partnerships, and continuous innovation in identity management.

Where is Okta headquartered?

Okta is headquartered in San Francisco, California.

What strategic partners does Okta collaborate with?

Okta collaborates with a wide range of partners, including major tech firms and enterprises, to enhance its service offerings.

How does Okta help organizations achieve their goals?

Okta helps organizations by providing secure and easy-to-use technologies, allowing them to work efficiently and safely, ultimately fulfilling their missions faster.

Okta, Inc.

Nasdaq:OKTA

OKTA Rankings

OKTA Stock Data

13.83B
162.68M
0.56%
86.78%
1.68%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO