Okta's AI-Driven Growth Surpasses Expectations

Oktas Q3 results exceed expectations, with revenue of $742M, a 11.6% increase YoY, and a midpoint projection of $749M for the next quarter. The companys AI security products and enterprise client deals drive growth, with over 100 customers engaging with AI identity solutions. Okta plans to expand workforce and partnerships to meet demand, seeing AI agent security as a significant growth area.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.