For the third quarter of fiscal 2021, Okta expects non-GAAP net loss per share of $0.02 to $0.01 and revenue of $202 million to $203 million.
For the fiscal year 2021, the company raised the guidance it gave in the first quarter of 2021. Okta now expects a non-GAAP net loss per share to be $0.03 to $0.01 compared to the previous net loss per share outlook of $0.23 to $0.18. FY21 revenue is now projected to be in the range of $800 million to $803 million versus the prior guided range of $770 million to $780 million.
“The three mega-trends that have been driving our business for the past several years – the adoption of cloud and hybrid IT, digital transformation, and zero trust security – are all being accelerated globally by the current environment,” said CEO Todd McKinnon.