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Okta Q2 Adjusted Earnings, Revenue Rise; Q3 Guidance Set

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Okta (OKTA) reported Wednesday Q2 adjusted earnings of $1.05 per diluted share, up from $0.91 a year earlier.

Analysts polled by FactSet expected $0.97.

Revenue for the quarter ended July 31 was $805 million, up from $728 million a year ago.

Analysts expected $793 million.

The company said it expects fiscal Q3 non-GAAP EPS of $0.92 to $0.94 on revenue of $813 million to $817 million. Analysts expect $0.94 and $808.1 million, respectively.

For fiscal 2027, the company now expects non-GAAP EPS of $3.90 to $3.94, compared with previous guidance of $3.79 to $3.87. Analysts expect $3.85.

The company now expects full year revenue of $3.22 billion to $3.23 billion, up from $3.19 billion and $3.21 billion. Analysts expect $3.20 billion.

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