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Okta Stock Jumps 15% After Results Beat Estimates and Permiso Deal

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Sig3.35Sen+5.10Env0.00Soc+1.90Gov+1.40

Okta reported revenue up 11% to $728 million year over year and said quarterly revenue of $805 million topped expectations. The company made its Okta for AI Agents tool available to all customers and expects full-year revenue of $3.22–$3.23 billion. Okta also closed its Permiso Security threat-detection acquisition valued at about $200 million.

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