Okta Stock Soars 23% on Strong Q4 Earnings Despite Recent Breach
- Okta stock soared 23% after strong Q4 earnings beat, despite recent security breach
- Q4 revenue grew 19% year-over-year to $605M, beating estimates
- Subscription revenue increased 20% to $591M
- Free cash flow reached a record $166M in Q4
- Adjusted EPS beat expectations at $0.63, up 110% year-over-year