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Okta pops more than 20% on strong earnings and guidance beat

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Summary
Nutrition label

84% Informative

Okta shares soared 22% on Tuesday after the cloud-based identity management company delivered strong fourth-quarter earnings.

CEO Todd McKinnon called it a "blowout quarter" as the company topped $1 billion worth of bookings in a single period for the first time ever.

Okta allows companies to manage employee access or devices by providing tools such as single sign-on and multifactor authentication.

VR Score

91

Informative language

96

Neutral language

39

Article tone

semi-formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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