Enterprise spending on IT security remains strong, and a recent CIO survey suggests this spending could help during a recession.
October is a scary month, but the cloud sector had its comeuppance during September.
Trading volume in the cybersecurity company's shares was very heavy on their recent decline following a period of aggressive buying.
The cybersecurity name fired off some punches at the competition and picked up another bolt-on acquisition amid earnings.
Let's dig further.
Billings, a key figure for cybersecurity companies, surprised to the upside as the company delivered more than was expected by analysts.
Here's why Okta could accelerate, and what could derail the optimism.
Okta acts as a gatekeeper in the Identity and Access Management sector of cloud cybersecurity.
Outlining Okta's earnings prospects on Wednesday is a tale of tempting TAM and troublesome valuation.
Collateral damage from the trade war is clearly causing ripple effects across global markets.