Okta (ticker symbol: OKTA) announced its financial results for the period May to July 2021 on September 1, 2021.
Financial results for May to July 2021
EPS: -11¢ vs. -33¢ expected.
Net sales of $316 million versus $293 million expected.
Sales growth rate was +57.7% YoY.
The total number of customers was 13,000, up 46%.
The number of large customers with annual sales of $100,000 or more was 2,610, up 55%.
The overseas sales ratio was 21%. In the same period last year, the ratio was 16%.
Subscription sales were $303 million, up 59% from the same period last year.
Billings were $362 million, up 83%.