Recap: Okta Q4 Earnings


Okta OKTA reported its Q4 earnings results on Wednesday, March 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.


Okta beat estimated earnings by 25.0%, reporting an EPS of $-0.18 versus an estimate of $-0.24.

Revenue was up $148.28 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 11.66% increase in the share price the next day.

Here's a look at Okta's past performance:


Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate -0.24 -0.35 -0.2 -0.01
EPS Actual -0.07 -0.11 -0.1 0.06
Revenue Estimate 327.00M 296.52M 238.31M 221.85M
Revenue Actual 350.68M 315.50M 251.01M 234.74M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).



Okta management provided guidance for their next quarter, expecting earnings between $-0.35 and $-0.34 per share for the next quarter.

This represents a -91.67% in quarter-over-quarter growth for Okta, a bearish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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