Okta soars 5% after first earnings report
June 07, 2017 at 16:34 PM EDT
Okta reported its first quarterly results since going public in April. The company managed to surpass investors expectations and went up 5% in initial after-hours trading. Okta, which provides identity management software for businesses, brought in $53 million in revenue, a 67% increase from the same period last year. Investors had been forecasting $48 million. But losses increased from… Read More