Okta, Inc. (NASDAQ:OKTA) Q4 2024 Earnings Call Transcript February 28, 2024 5:00 PM ET
Company Participants
Dave Gennarelli - SVP of IR
Todd McKinnon - CEO & Co-Founder
Brett Tighe - CFO
Conference Call Participants
Brian Essex - JPMorgan
Eric Heath - KeyBanc
Hamza Fodderwala - Morgan Stanley
Peter Levine - Evercore
Madeline Brooks - BofA
Rudy Kessinger - DADCO
Rob Owens - Piper
Joe Gallo - Jefferies
Trevor Rambo - BTIG
Peter Weed - Bernstein
John DiFucci - Guggenheim
Jonathan Ho - William Blair
Roger Boyd - UBS
Andy Nowinksi - Wells Fargo
Dave Gennarelli
Hi, everybody. Welcome to Okta's Fourth Quarter of Fiscal Year 2024 Earnings Webcast. I'm Dave Gennarelli, Senior Vice President of Investor Relations at Okta. With me in today's meeting, we have Todd McKinnon, our Chief Executive Officer and Co-Founder, and Brett Tighe, our Chief Financial Officer.
At around the same time that the earnings press release hit the wire, we posted supplemental commentary to the IR website. This posted commentary contains a large portion of what would historically be the opening commentary, including customer commentary, product-related news, and a review of our financial results. This new format allows listeners to review that information before this call. It also allows us to spend more time discussing other news items and strategy while leaving more time for Q&A.
Today's meeting will include forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. Forward-looking statements represent our management's beliefs and assumptions only as of the date made. Information on factors that could affect our financial results is included in our filings with the SEC from time to time, including the section titled Risk Factors in our previously filed Form 10-Q.
In addition, during today's meeting, we will discuss non-GAAP financial results. Though we may not state it explicitly during the meeting, all references to profitability are non-GAAP. These non-GAAP financial measures are in addition to and not a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP financial measures and a discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalents is available in our earnings release. You can also find more detailed information in our supplemental financial materials, which include trended financial statements and key metrics posted on our Investor Relations website.