![]() Okta's operating expenses rose at a much faster pace than revenue, contributing to the wider net loss for the quarter. The company's net loss widened to $242.7 million from $109.2 million in the year-ago quarter. Okta recently announced financial results for Q1 of its 2023 fiscal year ( FY), the three-month period ended April 30, 2022. The company is an independent identity provider whose cloud platform gives organizations the ability to securely connect people with electronic devices, such as mobile and desktop computers. Okta Inc.: Okta is a software company that develops internet applications.Because the company's EPS was negative in the most recent quarter, an EPS growth rate was not calculated for the table above. customers in education, government, and healthcare. The company's offerings include auditing, theft deterrence, and recovery services. ![]() Absolute Software Corp.: Absolute Software is a Canada-based company providing security software solutions.government as well as commercial enterprises. It primarily serves federal agencies of the U.S. It provides cloud-powered solutions, SaaS, mobile and network security, and other digital solutions. CACI International Inc.: CACI International is an information technology company.Its software and hardware solutions enable its customers to secure their applications, users, and infrastructure from Internet, web, and network threats. A10 Networks Inc.: A10 Networks is a provider of secure applications and solutions for multi-cloud networks, including private and public clouds as well as on-premise environments.The acquisition is anticipated to close later this year. Mandiant is expected to join Google Cloud. On March 8, the company announced that it would be acquired by Google LLC in an all-cash transaction valued at approximately $5.4 billion. It provides its cybersecurity solutions through its Mandiant Advantage software-as-a-service (SaaS) platform. The company offers web, email, file security, and malware analysis. Mandiant Inc.: Mandiant is a global provider of cyber defense solutions.
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