Okta (OKTA) Grew Remaining Performance Obligations 17% While Revenue Rose 11%. Is the Platform Reaccelerating?

Okta, Inc. (NASDAQ:OKTA) reported fiscal second-quarter 2027 results that strengthened the case for a bookings recovery. Revenue rose 11% year over year to $805 million, while company-defined non-GAAP diluted earnings increased 15% to $1.05 per share. Consensus estimates called for revenue of $793 million and adjusted earnings of $0.97 per share. The more important signal [...]