Okta tops estimates and raises outlook as SentinelOne slides on weak guidance - SiliconANGLE

Okta reported Q1 earnings that topped consensus estimates while the cybersecurity firm's guidance for a key metric came in above views.

May 28 : Cybersecurity company SentinelOne forecast second-quarter revenue below analysts' expectations on Thursday and said it would cut about 8 per cent of its workforce as it…

Here's a look inside the Q1 earnings report from Okta.

Okta tops estimates and raises outlook as SentinelOne slides on weak guidance - SiliconANGLE

By Christine Ji and Hannah Pedone

SentinelOne stock slides 17% premarket following a slight Q1 revenue miss, soft guidance, and newly announced layoff plans.

The identity security company reported $765 million in revenue and $0.91 in adjusted earnings per share, both topping analyst estimates

SentinelOne stock tumbled after the cybersecurity firm reported first quarter earnings that topped estimates while revenue only met expectations.

Okta Inc. shares are jumping Friday after a Q1 beat and raised guidance. BTIG and Needham lifted price targets, adding fuel to the move.

Okta stock surges 28% to new 52-week highs as strong cRPO growth and a raised full-year outlook spark Wall Street upgrades.