Quick OKTA results

[bashuzi]

Q2 revenue grew 49% year-over-year; subscription revenue grew 51% year-over-year
GAAP operating margin improved 10 percentage points year-over-year; Non-GAAP operating margin improved 13 percentage points year-over-year

For the third quarter of fiscal 2020, the Company currently expects:

Total revenue of $143 million to $144 million, representing a growth rate of 35% to 36% year-over-year
Non-GAAP operating loss of $17.5 to $16.5 million
Non-GAAP net loss per share of $0.13 to $0.12, assuming shares outstanding of approximately 117 million

For the full year fiscal 2020, the Company expects:
Total revenue of $560 to $563 million, representing a growth rate of 40% to 41% year-over-year
Non-GAAP operating loss of $64.0 to $62.0 million
Non-GAAP net loss per share of $0.44 to $0.42, assuming shares outstanding of approximately 116 million

Share currently slightly down by 2% in after hour.

[FlyingCircus]

For three and six month periods yeah revenue growth was over 50%.
But their total opex for the six months YOY are growing the same: 52%.

Net loss for the 6 months grew 45%.

But net loss for the 3 month period only grew 10%. Interesting variance

The full year revenue forecast is so conservative… whatever. $560M and they’ve already booked $250M? They would have to basically stop sales growth and just keep selling at the current rate to struggle to make $560.