Okta: Free Cash Flow Margin Surges to 12%

Okta reported solid earnings and exceeded management expectations across several key metrics. Okta (OKTA -0.45%), a leader in identity and access management solutions, reported its second-quarter fiscal year 2025 results on Aug. 28, 2024. The company delivered strong financial performance, surpassing management's expectations in several key areas. Total revenue was $646 million, beating the forecasted range of$631 million to $633 million. NonGAAP operating income was$148 million, significantly above the e ...