Okta (OKTA) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended January 2025, Okta (OKTA) reported revenue of $682 million, up 12.7% over the same period last year. EPS came in at $0.78, compared to $0.63 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $668.8 million, representing a surprise of +1.97%. The company delivered an EPS surprise of +6.85%, with the consensus EPS estimate being $0.73.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Okta performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Remaining performance obligations: $4.22 billion versus the five-analyst average estimate of $3.83 billion. Current remaining performance obligations (cRPO): $2.25 billion compared to the $2.14 billion average estimate based on five analysts. Total Customers: 19,650 versus 19,810 estimated by three analysts on average. TTM Dollar Based Net Retention Rate: 107% compared to the 107% average estimate based on two analysts. Revenue- Subscription: $670 million compared to the $654.53 million average estimate based on 11 analysts. The reported number represents a change of +13.4% year over year. Revenue- Professional services and other: $12 million compared to the $13.78 million average estimate based on 11 analysts. The reported number represents a change of -14.3% year over year. View all Key Company Metrics for Okta here>>>Shares of Okta have returned -4% over the past month versus the Zacks S&P 500 composite's -1.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Okta, Inc. (OKTA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks