Okta(OKTA)

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Okta(OKTA) - 2024 Q2 - Quarterly Report
2023-08-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 For the quarterly period ended July 31, 2023 OR (Mark One) Commission File Number: 001-38044 _____________________________________ Okta, Inc. (Exact Name of Registrant as Specified in its Charter) _____________________________________ (State or Other Jurisdiction o ...
Okta(OKTA) - 2024 Q1 - Earnings Call Transcript
2023-06-01 01:30
Okta, Inc. (NASDAQ:OKTA) Q1 2024 Earnings Conference Call May 31, 2023 5:00 PM ET Company Participants Dave Gennarelli - Senior Vice President, Investor Relations Todd McKinnon - Chief Executive Officer and Co-Founder Brett Tighe - Chief Financial Officer Conference Call Participants Rob Owens - Piper Sandler Roger Boyd - UBS Joshua Tilton - Wolfe Research Adam Tindle - Raymond James Billy Fitzsimmons - MoffettNathanson Rudy Kessinger - D.A. Davidson Jonathan Ho - William Blair Ray McDonough - Guggenheim Ad ...
Okta(OKTA) - 2024 Q1 - Quarterly Report
2023-05-31 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 For the quarterly period ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 For the transition period from to Commission File Number: 001-38044 _____________________________________ Okta, Inc ...
Okta, Inc. (OKTA) KeyBanc 2023 Emerging Technology Summit (Transcript)
2023-03-08 20:14
Okta, Inc. (NASDAQ:OKTA) KeyBanc 2023 Emerging Technology Summit March 8, 2023 ET Company Participants Brett Tighe - CFO Conference Call Participants Eric Heath - KeyBanc Capital Markets Unidentified Company Representative Great. Let's get started. Eric Heath I'm Eric Heath of the enterprise software team here at KeyBanc. Pleasure to have Brett Tighe here with us with Okta and we also have Dave Gennarelli from IR here as well. Question-and-Answer Session Q - Eric Heath So Brett, let's just jump right into i ...
Okta, Inc. (OKTA) Morgan Stanley Technology, Media & Telecom Conference (Transcript)
2023-03-07 22:28
Okta, Inc. (NASDAQ:OKTA) Morgan Stanley Technology, Media & Telecom Conference March 7, 2023 11:30 AM ET Company Participants Todd McKinnon - Founder and CEO Conference Call Participants Hamza Fodderwala - Morgan Stanley Hamza Fodderwala Good morning, everybody. Hopefully this mic is on. Good morning for Day 2 of our Morgan Stanley TMT Conference. My name is Hamza Fodderwala, I'm the U.S. cybersecurity analyst here at Morgan Stanley. With me today, I have the pleasure of having the Founder and CEO of Okta, ...
Okta(OKTA) - 2023 Q4 - Annual Report
2023-03-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 For the transition period from to Commission File Number: 001-38044 Okta, Inc. (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) ...
Okta(OKTA) - 2023 Q4 - Earnings Call Transcript
2023-03-02 02:34
Okta, Inc. (NASDAQ:OKTA) Q4 2023 Results Conference Call March 1, 2023 5:00 PM ET Company Participants Dave Gennarelli - SVP, IR Todd McKinnon - CEO and Co-Founder Brett Tighe - CFO Conference Call Participants Rob Owens - Piper Sandler Gray Powell - BTIG Hamza Fodderwala - Morgan Stanley Jonathan Ho - William Blair Ittai Kidron - Oppenheimer Adam Tindle - Raymond James Gabriela Borges - Goldman Sachs Rudy Kessinger - D.A. Davidson Matt Hedberg - RBC Brian Colley - Stephens Shaul Eyal - TD Cowen Joe Gallo - ...
Okta(OKTA) - 2023 Q3 - Earnings Call Transcript
2022-12-01 02:45
Okta, Inc. (NASDAQ:OKTA) Q3 2023 Results Conference Call November 30, 2022 5:00 PM ET Company Participants Dave Gennarelli - SVP, IR Todd McKinnon - CEO and Co-Founder Brett Tighe - CFO Conference Call Participants Matt Hedberg - RBC Gray Powell - BTIG Jonathan Ho - William Blair Hamza Fodderwala - Morgan Stanley Rob Owens - Piper Joe Gallo - Jefferies John DiFucci - Guggenheim Eric Heath - KeyBanc Peter Weed - Bernstein Alex Henderson - Needham Josh Tilton - Wolfe Adam Tindle - Raymond James Shrenik Kothar ...
Okta(OKTA) - 2023 Q3 - Quarterly Report
2022-11-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 For the quarterly period ended October 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 For the transition period from to Commission File Number: 001-38044 _____________________________________ Okta, I ...
Okta, Inc. (OKTA) CEO Todd McKinnon Presents at Goldman Sachs Communacopia + Technology Conference 2022 (Transcript)
2022-09-12 20:54
Summary of Okta, Inc. Conference Call Company Overview - **Company**: Okta, Inc. (NASDAQ: OKTA) - **Event**: Goldman Sachs Communacopia + Technology Conference 2022 - **Date**: September 12, 2022 - **Participants**: Todd McKinnon (CEO), Ward Waltemath (Managing Director, Technology, Media and Telecom Group) Key Points Industry and Market Position - Okta operates in the identity management sector, focusing on customer identity and access management solutions, which have gained strategic importance due to the shift to cloud services and digital transformation [5][9][24] - The company aims to position identity as a primary technology platform alongside major players like AWS and Salesforce [13][26] Financial Performance - The recent quarter was described as "mixed," with strong performance in federal and public sector verticals, and record numbers of large deals (transactions over $1 million) [5][6] - Achieved a net revenue retention rate of over 120%, indicating strong customer success and low churn [6] Strategic Initiatives - The acquisition of Auth0 is central to Okta's strategy to dominate the customer identity market, which is seen as critical for long-term growth [7][18] - The integration of sales teams from Okta and Auth0 is a priority to enhance performance and capitalize on the acquisition [7] Market Trends - The identity management market is evolving, with a shift from traditional models to a focus on customer identity driven by developers and marketing teams rather than solely CIOs [15][60] - The concept of "zero trust" has gained traction, emphasizing the need for robust identity verification in a remote work environment [24][25] Competitive Landscape - Okta faces competition from major players like Microsoft, AWS, and Google, but differentiates itself by being an independent platform that offers flexibility and choice to customers [49][50] - The competitive dynamics vary between workforce identity solutions and customer identity solutions, with Okta being a clear leader in the latter [62] Future Outlook - The company is focused on improving efficiency and achieving profitability while maintaining growth, guided by the "rule of 40" [68] - Okta anticipates a significant increase in demand for cloud-based identity solutions as organizations increasingly trust cloud services for security [56] Additional Insights - The integration of biometric technologies and the push towards passwordless solutions are seen as key trends in the identity management space [36][39] - Okta's long-term vision includes simplifying consumer identity interactions through partnerships and standardization across platforms [41] Challenges - The integration of various identity management functions (access management, privilege access, and identity governance) into a unified platform remains a challenge, but is viewed as essential for future growth [32][72] - Sales team attrition, particularly from the Auth0 side, has been a concern, but efforts are underway to address this imbalance [70] Conclusion Okta is strategically positioned in the identity management market, focusing on customer identity solutions and leveraging its acquisition of Auth0 to enhance its offerings. The company is navigating a competitive landscape while aiming for efficient growth and profitability, with a strong emphasis on adapting to market trends such as zero trust and passwordless authentication.