Okta Inc. (OKTA)

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Q1 2023 Earnings Forecast for Okta, Inc. Issued By Oppenheimer (OKTA)
By: MarketBeat | January 8, 2022

• Okta, Inc. (NASDAQ:OKTA) - Equities researchers at Oppenheimer lowered their Q1 2023 earnings estimates for shares of Okta in a report issued on Tuesday, January 4th. Oppenheimer analyst I. Kidron now anticipates that the company will post earnings of ($1.23) per share for the quarter, down from their previous forecast of ($1.20). Oppenheimer also issued estimates for Okta's Q2 2023 earnings at ($1.22) EPS, Q3 2023 earnings at ($1.23) EPS, Q4 2023 earnings at ($1.18) EPS and FY2023 earnings at ($4.83) EPS. Okta (NASDAQ:OKTA) last posted its quarterly earnings results on Wednesday, December 1st. The company reported ($0.07) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.24) by $0.17. The company had revenue of $350.68 million for the quarter, compared to the consensus estimate of $327.33 million. Okta had a negative return on equity of 14.80% and a negative net margin of 59.29%. During the same quarter in the prior year, the business posted ($0.38) EPS...

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