🟢 Okta is trading 20.84% up in pre-market after Q2 revenue and adjusted EPS beat expectations

Okta is trading 20.84% up at $162.43 after its August 26 earnings report beat expectations.

• Q2 revenue reached $805 million and adjusted EPS was $1.05.
• FY27 guidance rose to $3.216 billion–$3.226 billion in revenue and $3.90–$3.94 in adjusted EPS.
• Okta cited accelerating identity-governance and AI-agent demand; stronger cRPO growth, profitability outlook, and raised free-cash-flow guidance reinforced the company-driven move, which substantially outpaced Nasdaq and S&P 500 pre-market gains.