Okta reiterated its financial outlook on Wednesday in an Investor Day presentation and unveiled its new products. The identity-management platform provider expects revenues to range between $1.08 billion to $1.09 billion in FY22, up by 29% to 30% year-on-year. The company’s financial outlook does not include the potential impact of the impending acquisition of Auth0. Okta (OKTA) also said that it foresees revenues of between $237 million and $239 million in the first quarter of FY22, a rise of 30% to 31% year-on-year. Separately, the company also expanded its service offerings with two new products, Okta Privileged Access and Okta Identity Governance.
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