Economic Uncertainty May Dampen Okta's FY Outlook -- Market Talk

Dow Jones

05/28

1901 ET - Okta's recent quarter wasn't hurt by macroeconomic uncertainty, CFO Brett Tighe says on a call with analysts, though he warns that the company isn't out of the woods just yet. The identity and access-management company is factoring potential risks stemming from increased uncertainty into its outlook for the rest of its fiscal year. "It's based on customer conversations, reading the news, talking to the sales teams--it's out there and the tone feels like it's changed," he says. "We're not saying it's absolutely certain, but what we're saying is that we're putting it into the guidance." Shares fall 12% after hours. (connor.hart@wsj.com)

(END) Dow Jones Newswires

May 27, 2025 19:01 ET (23:01 GMT)

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The identity and access-management company is factoring potential risks stemming from increased uncertainty into its outlook for the rest of its fiscal year. \"It's based on customer conversations, reading the news, talking to the sales teams--it's out there and the tone feels like it's changed,\" he says. \"We're not saying it's absolutely certain, but what we're saying is that we're putting it into the guidance.\" Shares fall 12% after hours. 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The identity and access-management company is factoring potential risks stemming from increased uncertainty into its outlook for the rest of its fiscal year. \"It's based on customer conversations, reading the news, talking to the sales teams--it's out there and the tone feels like it's changed,\" he says. \"We're not saying it's absolutely certain, but what we're saying is that we're putting it into the guidance.\" Shares fall 12% after hours. 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The identity and access-management company is factoring potential risks stemming from increased uncertainty into its outlook for the rest of its fiscal year. \"It's based on customer conversations, reading the news, talking to the sales teams--it's out there and the tone feels like it's changed,\" he says. \"We're not saying it's absolutely certain, but what we're saying is that we're putting it into the guidance.\" Shares fall 12% after hours. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4560":"网络安全概念","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","OKTA":"Okta Inc.","BK4116":"互联网服务与基础架构","BK4528":"SaaS概念","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"经济不确定性可能会削弱Okta的财年前景——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OKTA":0.9},"content_text":"1901 ET - Okta's recent quarter wasn't hurt by macroeconomic uncertainty, CFO Brett Tighe says on a call with analysts, though he warns that the company isn't out of the woods just yet. The identity and access-management company is factoring potential risks stemming from increased uncertainty into its outlook for the rest of its fiscal year. \"It's based on customer conversations, reading the news, talking to the sales teams--it's out there and the tone feels like it's changed,\" he says. \"We're not saying it's absolutely certain, but what we're saying is that we're putting it into the guidance.\" Shares fall 12% after hours. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 27, 2025 19:01 ET (23:01 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}