In the AI era, another software stock's performance exceeds expectations.On December 3rd, identity verification and access management service provider Okta released its financial report showing that third-quarter revenue was $665 million, a year-on-year increase of 14%, surpassing analysts' expectations of $650 million. Earnings per share were 67 cents, higher than the market expectation of 58 cents.Okta expects fourth-quarter revenue to be between $667 million and $669 million, with earnings per share of 73 to 74 cents, both exceeding analysts' expectations. Additionally, Okta anticipates revenue for the fiscal year 2026 to be between $2.77 billion and $2.78 billion, higher than analysts' expectations of $2.56 billion.The company's CFO Brett Tighe stated that these figures are achievable while maintaining a moderately conservative approach.As of the time of publication, Okta's stock rose over 15% in after-hours trading.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/4ba018ae-5d84-4d47-b9a5-9f0dd37b7bd6.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/4ba018ae-5d84-4d47-b9a5-9f0dd37b7bd6.png"/>In the era of artificial intelligence, the importance of the identity market is becoming increasingly prominent. Okta is committed to providing secure and convenient identity management solutions for enterprises and individuals, helping users achieve seamless access and efficient collaboration in a digital environment. As companies launch AI agents, Okta's products help manage the access security of these agents, avoiding risks caused by excessive permissions, such as security vulnerabilities from casually recording passwords.Unlike companies like Microsoft, Okta does not seek to become a one-stop vendor but is dedicated to the comprehensive construction of identity management. The company's CEO Todd McKinnon emphasized, &#34;We just want to build everything for identity management.&#34;McKinnon expressed optimism about the company's potential in identity-related spending, especially among large clients, as Okta's latest quarterly performance was primarily driven by large enterprise customers

OKTA

In the era of artificial intelligence, the importance of the identity market is becoming increasingly prominent. Okta is committed to providing secure and convenient identity management solutions for enterprises and individuals. In the third fiscal quarter, Okta's revenue was $665 million, a year-on-year increase of 14%, exceeding analysts' expectations of $650 million

- Okta reported a third-quarter revenue of $665 million, a 14% year-over-year increase, surpassing analyst expectations of $650 million, with earnings per share of 67 cents.  
- The company anticipates fourth-quarter revenue between $667 million and $669 million and projects fiscal year 2026 revenue of $2.77 billion to $2.78 billion, both exceeding analyst forecasts.  
- Okta's focus on identity management solutions is increasingly vital in the AI era, as it aims to enhance security and access management for enterprises without becoming a one-stop vendor.

Okta surged xx before trading! Previously, the performance exceeded expectations