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Okta (NASDAQ:OKTA) shares soared 15.25% pre-market to $100.45 as of 5:43 AM ET Tuesday, after the company's Q4 fiscal 2025 results and guidance topped expectations on Monday.
For the quarter ended Jan. 31, 2025, Okta reported:
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Adjusted EPS of $0.78, beating the consensus estimate of $0.74
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Revenue of $682 million, surpassing expectations of $669.1 million
Looking ahead, Okta forecasts:
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Q1 fiscal 2026 revenue between $678M and $680M, above the $670.7M estimate.
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Adjusted EPS of $0.76$0.77, exceeding the $0.70 forecast.
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Full-year fiscal 2026 revenue projected at $2.85B$2.86B, reflecting 10% year-over-year growth and beating the $2.8B estimate.
Okta also announced it has surpassed $1 billion in total sales through Amazon Web Services (AMZN) Marketplace over the past four years, highlighting its expanding cloud security presence.
This article first appeared on GuruFocus.