Okta is one of few companies that could even flourish during the COVID-19 lockdown. Its identity-based cloud service brings more revenue as businesses switch online to deliver goods and services. Since 2009 Okta has been easing the burden of IT management of thousands of companies in arranging their customer and employee identities. Therefore, its Q1 growing revenue does not surprise but brings trust from investors who even do not care about its negative net income. Q1 equity gross minority interest rose by $7 million along with total assets.
Okta’s stock is an opportunity to achieve short-term and mid-term goals in increasing one’s wealth. Even after the quarantine the stock price could surge.
Editor in Chief.
Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life