Sands Capital Technology Innovators Fund 2025 Q2 (OKTA)
Pitch Summary: Okta remains the leading independent provider of enterprise identity and access management software, based on revenue and breadth of integrations. Shares declined after first-quarter results showed current remaining performance obligations (cRPO) rose 14 percent year-over-year, slightly below investor expectations. Management also issued softer-than-expected cRPO guidance for 2026. While Okta has not yet reaccelerated […]
