Shares of Okta (NASDAQ: OKTA), the cloud-based identity software company, were moving higher today after the company posted a strong fourth-quarter earnings report, easily beating estimates on the top and bottom lines.
As of 2:57 p.m. EST, the stock was up 12.8%.
Revenue in the quarter rose 33% to $510 million, topping expectations at $489.3 million.
Source Fool.com