===Okta (OKTA) reported earnings on Tue 3 Dec 24 (a/h)

 

Okta beats by $0.09, beats on revs; guides Q4 EPS above consensus, revs above consensus

• Reports Q3 (Oct) earnings of $0.67 per share, $0.09 better than the FactSet Consensus of $0.58; revenues rose 13.9% year/year to $665 mln vs the $649.74 mln FactSet Consensus.
• RPO, or subscription backlog, was $3.659 billion, an increase of 19% year-over-year. cRPO, which represents subscription backlog expected to be recognized over the next 12 months, was $2.062 billion, up 13% compared to the third quarter of fiscal 2024.
• Co issues upside guidance for Q4, sees EPS of $0.73-$0.74, excluding non-recurring items, vs. $0.67 FactSet Consensus; sees Q4 revs of $667-$669 mln vs. $651.29 mln FactSet Consensus. Sees Current RPO of $2.130 billion to $2.135 billion, representing a growth rate of 9% year-over-year.

===Okta (OKTA) reported earnings on Wed 31 May 23 (a/h)

 

Okta beats by $0.10, beats on revs; guides Q2 EPS above consensus, revs above consensus; guides FY24 EPS above consensus, revs in-line

• Reports Q1 (Apr) earnings of $0.22 per share, $0.10 better than the FactSet Consensus of $0.12; revenues rose 24.8% year/year to $518 mln vs the $511.02 mln FactSet Consensus.
  • RPO, or subscription backlog, was $2.94 billion, an increase of 9% year-over-year. cRPO, which is subscription backlog expected to be recognized over the next 12 months, was $1.70 billion, up 20% compared to the first quarter of fiscal 2023.
• Co issues upside guidance for Q2, sees EPS of $0.21-0.22, excluding non-recurring items, vs. $0.16 FactSet Consensus; sees Q2 revs of $533-535 mln vs. $528.78 mln FactSet Consensus.
• Co issues upside guidance for FY24, sees EPS of $0.88-0.93, excluding non-recurring items, vs. $0.76 FactSet Consensus; sees FY24 revs of $2.171-2.185 bln vs. $2.17 bln FactSet Consensus.

Earnings this week : May 30 - June 3, 22 (wk 22)

Tuesday (May 31)

• Morning: BEKE
• Afternoon:  AMBA APPS HPQ CRM SPWH VSCO

Wednesday (Jun 1)

• Morning:  CPRI CONN DCI WB
• Afternoon:  AI  CHWY CRDO DSGX ESTC GME HPE MDB NCNO NTAP PSTG PVH SMTC S PATH VEEV

Thursday (Jun 2)

• Morning: CAE CIEN DBI HRL SCWX SPTN TTC
• Afternoon:  ASAN CVGW COO CRWD JOAN LULU OKTA PD PHR RH ZUMZ

====Okta (OKTA) reported earnings on Wed 2 Dec 2020 (a/h)

 

Okta beats by $0.05, beats on revs; guides Q4 EPS in-line, revs above consensus, announces CFO transition

Reports Q3 (Oct) earnings of $0.04 per share, $0.05 better than the S&P Capital IQ Consensus of ($0.01); revenues rose 42.1% year/year to $217.4 mln vs the $203.15 mln S&P Capital IQ Consensus.

RPO was $1.58 billion, an increase of 53% year-over-year. Current RPO, which is contracted subscription revenue expected to be recognized over the next 12 months, was $753.2 million, up 46% compared to the third quarter of fiscal 2020.

Total calculated billings were $252.4 million, an increase of 44% year-over-year.

Co issues guidance for Q4, sees EPS of ($0.02)-($0.01) vs. ($0.02) S&P Capital IQ Consensus; sees Q4 revs of $221-$222 mln vs. $216.61 mln S&P Capital IQ Consensus.

CFO Transition: Current Okta Board member and audit committee chair, Mike Kourey, will join Okta as Chief Financial Officer in March 2021. Kourey will succeed Bill Losch, who will be retiring after serving as CFO at Okta since 2013.

This week's biggest % winners & losers : Sept 30 - Oct 4, 19 (wk 40)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: ENDP (3.82 +19.75%), ARQL (8.29 +18.43%), SRPT (88.25 +17.67%), CDNA (25.37 +16.22%), RGNX (38.49 +15.41%), ARWR (30.6 +13.5%)
• Materials: SBGL (6.36 +14.39%)
• Consumer Discretionary: TSG (20.92 +38.82%)
• Information Technology: RNG (163.3 +31.85%), AVYA (13.23 +28.45%), OKTA (116.53 +20.06%), COUP (148.32 +15.97%)
• Energy: TOO (1.53 +30.77%), DHT (6.88 +14.1%), STNG (33.65 +14.07%), FRO (10.28 +12.72%)

This week's top % losers

• Healthcare: GTHX (23.34 -31.29%), LNTH (19.74 -22.04%), ANGO (14.6 -19.02%)
• Materials: SXC (5.31 -15.71%)
• Consumer Discretionary: GPRO (3.97 -21%), TAST (6.8 -16.46%)
• Information Technology: CASA (6.22 -20.47%)
• Financials: AMTD (33.7 -28.25%), ETFC (36.4 -15.87%). SCHW (35.67  -13.86%), IBKR (47.59  -10.86%)
• Energy: NBR (1.57 -18.65%), MDR (1.63 -18.5%), QEP (3.15 -17.54%), CDEV (3.8 -15.95%)
• Consumer Staples: UNFI (7.45 -34.76%), CALM (37.97 -16.4%)

Long trade : OKTA +12% (10/19)

• 9/30: Hammer
• 10/1: #20, 61; vol. 5.0M;  buy

 

This week's biggest % winners & losers : Sept 3 - 7, 18 (wk 36)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: PTCT (46.55 +11.52%), TSRO (35.79 +10.29%)
• Materials: NSU (4.4 +16.4%)
• Industrials: NX (19.45 +18.6%), AVAV (100.43 +14.18%), CWST (31.63 +11.45%), DCI (55.57 +9.82%)
• Consumer Discretionary: GME (16.13 +21.55%), LOCO (14.1 +18.49%), DLTH (33.14 +14.51%), VRA (16.77 +14.39%), FIVE (130.89 +12.38%), ULTA (285.8 +9.92%), DIN (91.68 +9.9%), TXRH (75.17 +9.02%)
• Information Technology:  OKTA  (71.92  +16.32%)
• Financials: SUPV (7.84 +14.62%)
• Energy: TGS (15.01 +15.55%)

This week's top 20 % losers

• Healthcare: OPK (4.58 -22.58%), CCXI (10.77 -18.29%)
• Materials: TAHO (2.84 -17.44%)
• Industrials: KFY (48.97 -27.05%), RRTS (1.04 -20%), IEP (63.37 -17.5%)
• Consumer Discretionary: LE (20.03 -22.08%), TLYS (18.61 -20.88%), RH (126.15 -20.66%)
• Information Technology: AAOI (32.04 -22.53%), RENN (1.38 -20.23%), INFN (7.24 -19.11%), SFUN (2.53 -17.59%), KEM (21.62 -16.33%)
• Financials: LTS (2.92 -15.36%)
• Energy: AAV (2.5 -15.25%)

Okta (OKTA) reported earnings on Thur 6 Sept 2018 (a/h)

** charts after earnings **

  

Okta beats by $0.04, beats on revs; guides OctQ and FY19 above consensus 

• Reports Q2 (Jul) loss of $(0.15) per share, excluding non-recurring items, $0.04 better than the S&P Capital IQ Consensus of ($0.19) and above prior guidance of $(0.21)-(0.20); revenues rose 57.0% year/year to $94.59 mln vs the $85.0 mln S&P Capital IQ Consensus and vs prior guidance of $84-85 mln.
• Co issues upside guidance for Q3 (Oct), sees EPS of $(0.12)-(0.11), excluding non-recurring items, vs. ($0.17) S&P Capital IQ Consensus; sees Q3 revs of $96-97 mln vs. $88.96 mln S&P Capital IQ Consensus.
• Co issues upside guidance for FY19, sees EPS of $(0.48)-(0.46), excluding non-recurring items, vs. ($0.56) S&P Capital IQ Consensus; sees FY19 revs of $372-375 mln vs. $357.15 mln S&P Capital IQ Consensus.

Earnings this week : Sept 3 - 7, 18 (wk 36)

Earnings expected this  week

Markets are closed on Monday, September 3 for Labor Day

Tuesday (Sept 4)

• Morning: CONN
• Afternoon: CAL COUP HQY RH SMAR WDAY

Wednesday (Sept 5)

• Morning: DLTH HDS SCWX VRA
• Afternoon: AVAV CLDR CTRP CWK DOCU DSGX GWRE MDB OLLI REVG TENB VRNT ZS 

Thursday (Sept 6)

• Morning: BKS DCI DVMT   GIII JW.A LE MBUU NAV SECO
• Afternoon: ABM AVGO DOMO EGAN FIVE FNSR GME KFY MCFT MRVL NX OKTA PANW PSDO ZUMZ

Friday (Sept 7)

• Morning: GCO

Long trade : OKTA +18% (8/17)