Okta pops more than 20% on strong earnings and guidance beat

Todd McKinnon, chief executive officer of Okta Inc., smiles during a Bloomberg Technology television interview in San Francisco, California, U.S., on Monday, April 4, 2022.Okta shares soared 22% on Tuesday after the cloud-based identity management company delivered strong fourth-quarter earnings and beat estimates on guidance.The move put the stock on pace for its best day in more than a year. Okta posted adjusted earnings late Monday of 78 cents per share, while revenue increased 13% from a year earlier to ...