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Okta(OKTA) - 2023 Q2 - Earnings Call Transcript
2022-08-31 22:45
Okta, Inc. (NASDAQ:OKTA) Q2 2023 Earnings Conference Call August 31, 2022 5:00 PM ET Company Participants Dave Gennarelli - Senior Vice President, Investor Relations Todd McKinnon - Chief Executive Officer & Co-Founder Brett Tighe - Chief Financial Officer Frederic Kerrest - Executive Vice Chairman, Chief Operating Officer & Co-Founder Conference Call Participants Eric Heath - KeyBanc Alex Henderson - Needham Gregg Moskowitz - Mizuho Andy Nowinski - Wells Fargo Adam Tindle - Raymond James Ittai Kidron - Opp ...
Okta(OKTA) - 2023 Q2 - Earnings Call Presentation
2022-08-31 20:52
okta Investor Presentation Q2 FY23 August 31, 2022 Safe Harbor This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, long-term financial targets, product development, business strategy and plans, market trends and market size, opportunities, positioning and expected benefits that will be derived from the acquisition of Auth0, ...
Okta(OKTA) - 2023 Q2 - Quarterly Report
2022-08-31 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 July 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, Inc. ...
Okta(OKTA) - 2023 Q1 - Earnings Call Transcript
2022-06-03 00:07
Okta, Inc. (NASDAQ:OKTA) Q1 2023 Earnings Conference Call June 2, 2022 5:00 PM ET Company Participants Dave Gennarelli - Vice President of Investor Relations Todd McKinnon - Chief Executive Officer and Co-Founder Brett Tighe - Chief Financial Officer Frederic Kerrest - Executive Vice Chairman, Chief Operating Officer and Co-Founder Conference Call Participants Hamza Fodderwala - Morgan Stanley Adam Tindle - Raymond James Jonathan Ho - William Blair Eric Heath - KeyBanc Capital Markets Gray Powell - BTIG ...
Okta(OKTA) - 2023 Q1 - Quarterly Report
2022-06-02 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, 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, Inc ...
Okta, Inc.'s (OKTA) CEO Todd McKinnon on Wolfe Research Virtual "March Madness" Software Conference (Transcript)
2022-03-23 21:34
Summary of Okta, Inc. and Auth0 Conference Call Company and Industry Overview - **Companies Involved**: Okta, Inc. (NASDAQ: OKTA) and Auth0 - **Industry**: Identity and Access Management (IAM) Software Key Points and Arguments Security Incident and Response - A breach occurred at a sub-processor support center, affecting about 40 support agents who handle tasks like password resets and case management [6][7] - Hackers gained access to the support center, allowing them to perform actions as if they were support engineers, but their access was limited to the permissions of those engineers [6][7] - Okta's focus has been on customer communication, providing updates and information to help customers understand the implications of the breach [10][11] - The company has a dedicated security team continuously monitoring threats and issues [13] - Okta has been logging support engineer activities to identify which customers may have been impacted during the breach [14] Customer Confidence and Growth Trajectory - Todd McKinnon expressed confidence in Okta's growth trajectory, emphasizing the importance of customer partnerships and collaboration [17] - Customer success and trust are top priorities for Okta, which is crucial for maintaining their brand reputation [19] - Despite the breach, customer reactions have been collaborative, with a focus on understanding risks and dependencies [10][11] Demand Environment for Auth0 - Eugenio Pace noted that demand for identity solutions remains strong, especially as digital transformation accelerates [24] - There is a realization that many organizations are behind in their digital capabilities, which is driving demand for IAM solutions [26] - The pandemic has created a need for better user experiences in authentication, highlighting the importance of balancing security and usability [26] Competitive Landscape - The primary competition for Auth0 is the "build it yourself" approach, as many organizations have existing systems that require integration [29] - Customers prefer outsourcing IAM to experts like Auth0 to focus on their core competencies [30] - The shortage of developers in the U.S. (300,000 needed annually) further drives the demand for solutions that enhance developer productivity [30] Differentiation and Product Offering - Auth0 differentiates itself by simplifying the user experience and not requiring customers to become identity experts [34][35] - The platform is designed for extensibility, allowing customers to customize solutions without extensive delays [36] - Okta and Auth0 are investing in both platforms to cover a wide range of use cases in identity management [38][41] Cross-Selling Opportunities - There is a natural cross-sell opportunity between Auth0 and Okta, with early signs of success in integrating sales teams [43] - The awareness of Auth0 has increased since becoming part of Okta, leading to more customers exploring Auth0's offerings [47] Future Initiatives - Key initiatives include global expansion and targeting the federal market, as well as enhancing public sector offerings [50] - The combined market for customer identity and access management is estimated to be around $30 billion, indicating significant growth potential [47] Additional Important Insights - The security breach has not deterred growth; instead, it has reinforced the need for strong partnerships and trust with customers [21] - Okta's focus on providing value through data and app telemetry is expected to enhance customer relationships and drive future growth [55]
Okta(OKTA) - 2022 Q4 - Annual Report
2022-03-06 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, 2022 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) - 2022 Q4 - Earnings Call Presentation
2022-03-03 15:36
okta Investor Presentation Q4 FY22 March 2, 2022 Safe Harbor This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, long-term financial targets, product development, business strategy and plans, market trends and market size, opportunities, positioning and expected benefits that will be derived from the acquisition of Auth0, In ...
Okta(OKTA) - 2022 Q4 - Earnings Call Transcript
2022-03-03 03:22
Okta, Inc. (NASDAQ:OKTA) Q4 2022 Results Conference Call March 2, 2022 5:00 PM ET Company Participants Dave Gennarelli - Vice President of Investor Relations Todd McKinnon - Chief Executive Officer and Co-Founder Brett Tighe - Chief Financial Officer Frederic Kerrest - Executive Vice Chairman, Chief Operating Officer and Co-Founder Conference Call Participants Matt Hedberg - RBC Jonathan Ho - William Blair Ittai Kidron - Oppenheimer Andy Nowinski - Wells Fargo Adam Tindle - Raymond James Eric Heath - KeyBan ...
Okta, Inc.'s (OKTA) Management Presents At 24th Annual Needham Growth Conference (Transcript)
2022-01-13 00:53
Okta, Inc. (NASDAQ:OKTA) 24th Annual Needham Growth Conference January 12, 2022 2:00 PM ET Company Participants Eugenio Pace - Co-Founder and CEO of Auth0 Conference Call Participants Alex Henderson - Needham & Company Alex Henderson Well, thanks, Nate. So my name is Alex Henderson. I'm the security analyst at Needham. It's a distinct pleasure to have Eugenio Pace, who is the CEO of AuthO as well as now an Okta employee to talk about Okta and AuthO. For reference to people who are in the audience, if you wa ...