Okta delivers what some of its bigger peers couldn’t: a rosy outlook goodinves.com

Not all software companies are giving upbeat guidance these days, but Okta Inc. just impressed with its view of what’s to come.

The company, which helps ensure people can access workplace applications with the proper permissions, forecast $2.85 billion to $2.86 billion in revenue for the new fiscal year, above the FactSet consensus, which was for $2.79 billion. Okta

OKTA also models $678 million to $680 million in fiscal first-quarter revenue, whereas analysts were projecting $670 million.