Benzinga | May 26, 2021 04:02PM EDT

Okta Q1 Adj. EPS $(0.10) Beats $(0.20) Estimate, Sales $251.00M Beat $238.31M Estimate

Okta (NASDAQ:OKTA) reported quarterly losses of $(0.10) per share which beat the analyst consensus estimate of $(0.20) by 50 percent. This is a 42.86 percent decrease over losses of $(0.07) per share from the same period last year. The company reported quarterly sales of $251.00 million which beat the analyst consensus estimate of $238.31 million by 5.32 percent. This is a 37.26 percent increase over sales of $182.86 million the same period last year.