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3 Reasons Okta Is Just Getting Started

TheMotleyFool

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Even in the midst of high expectations, Okta's (NASDAQ: OKTA) fiscal 2020 fourth-quarter financial report was still better than many anticipated. Revenue grew 45% year over year during the quarter, while its adjusted net loss also improved. Both numbers came in well above expectations.

The company's strong financial results have driven its stock up more than 40% over the past year, even after the recent market sell-off. Yet, for all the stellar growth the company has generated, evidence suggests that this may be just the early innings.

Here are three reasons Okta is at the beginning of a long runway, and its growth is just getting started.

Source Fool.com

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