The cybersecurity companies are benefiting from AI adoption that is driving demand for security products.
The identity management and security company now expects full-year revenue of $3.22 billion to $3.23 billion, up from its prior view of $3.19 billion and $3.21 billion.
Okta topped Wall Street's fiscal second-quarter estimates. The identity security company is benefiting from the growth of agentic AI.
Okta reported Q2 earnings and revenue that topped estimates while the cybersecurity firm's sales outlook came in above views.
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its second quarter ended July 31, 2026. “As AI agents transform every layer of technology, every agent needs a trusted identity and clear controls over what it can access and do,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta. “As the l...
Cybersecurity stocks face a major earnings test as AI growth expectations push up valuations.
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #AIInfrastructure--Lightbits Labs®, inventor of the NVMe® over TCP storage protocol and Inferra™, intelligent KV cache orchestration engine, today announced native integration with Okta in Lightbits software release v3.20.1. This enhancement streamlines storage security for enterprise customers, including one of the world's largest US-based financial servi...