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0.000959731158590895 0.000181833562975142 -0.00254080802168006 -0.00385351021428158 -0.00176291042606431 3.597776379718E-05 -0.000401589633736707 -0.00117948722935246
Stock impact report

Why Okta, Inc. (OKTA) Went Down On Wednesday [Yahoo! Finance]

Okta, Inc. - Class A (OKTA) 
Last okta, inc. - class a earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.okta.com
Company Research Source: Yahoo! Finance
Okta Inc. declined by 16.16 percent on Wednesday to end at $105.22 apiece as investors soured on the company's weak outlook guidance for the rest of the year. In a statement, Okta, Inc. (NASDAQ:OKTA) said it is now “factoring in potential risks related to the uncertain economic environment” for the remainder of fiscal year 2026. In the first quarter, Okta, Inc. (NASDAQ:OKTA) swung to a net income of $62 million from a $40 million net loss in the same period last year. Revenues were higher by 11.5 percent to $688 million from $617 million year-on-year. A mobile application developer programming on a tablet, illustrating the power of the company's adaptive multi-factor authentication. For the second quarter, the company expects revenues to grow by 10 percent to a range of $710 million to $712 million, as well as revenues of $2.85 billion to $2.86 billion for the full fiscal year of 2026. “The world's biggest organizations continue to turn to Okta to solve identity security ac Show less Read more
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