OKTA, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2019 2018 2019 2018. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.A live webcast of the conference call will be accessible from the This press release and the accompanying tables contain the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating loss, non-GAAP operating margin, non-GAAP net loss, non-GAAP net loss per share, free cash flow and calculated billings. It provides cloud software that helps companies manage and secure user authentication into modern applications, and for developers to build identity controls into applications, website web services and devices. Okta annual revenue increased from $399.3 million in 2019 to $586.1 million in 2020, a 46.8% increase. Reconciliation tables of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables at the end of this release.This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning. Okta undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Certain of these non-GAAP financial measures exclude stock-based compensation and amortization of intangible assets.Okta believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Okta’s financial condition and results of operations.
Revenue: Subscription $ 144,517 $ 97,698 $ 394,174 $ 262,393 Professional services and other 8,520 7,878 24,566 Looks like you have Javascript turned off! Okta, Inc. Class A Common Stock (OKTA) Revenue EPS : Previous 3 Years Next 3 Years. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Learn about our plan Okta raised its guidance once again for the full year. Third Quarter Fiscal 2018 Financial Highlights: Revenue: Total revenue was $68.2 million, an increase of 61% year-over-year. “We also had record attendance last week at Oktane17, our annual customer and partner conference.
Over 8,400 organizations, including JetBlue, Nordstrom, Slack, Teach for America and Twilio, trust Okta to help protect the identities of their workforces and customers.© 2020 Okta, Inc. All Rights Reserved. In particular, the following factors, among others, could cause results to differ materially from those expressed or implied by such forward-looking statements: the market for our products may develop more slowly than expected or than it has in the past; quarterly and annual operating results may fluctuate more than expected; variations related to our revenue recognition may cause significant fluctuations in our results of operations and cash flows; assertions by third parties that we violate their intellectual property rights could substantially harm our business; a network or data security incident that allows unauthorized access to our network or data or our customers’ data could harm our reputation, create additional liability and adversely impact our financial results; the risk of interruptions or performance problems, including a service outage, associated with our technology; we face intense competition in our market; weakened global economic conditions may adversely affect our industry; the risk of losing key employees; changes in foreign exchange rates; general political or destabilizing events, including war, conflict or acts of terrorism; and other risks and uncertainties.
Various trademarks held by their respective owners.Protect and enable employees, contractors, partners Various trademarks held by their respective owners.Okta Announces Record Second Quarter Fiscal 2018 Financial ResultsProtect and enable employees, contractors, partnersEasily adopt the latest apps, centralize user management, and automate access workflows across cloud, on-prem, and mobile applications. Okta's COVID-19 preparedness.