Okta Inc. reported a 12% increase in total revenue for the first quarter, reaching $688 million. The growth was largely driven by a 12% rise in demand for Okta's solutions. The company has been focusing on expanding its marketing and sales capabilities and maintaining strategic partnerships to enhance its offerings. Despite recent challenges in customer growth, Okta continues to explore opportunities to attract new customers and retain existing ones. The company also acknowledged potential issues related to technology performance and cybersecurity, emphasizing its commitment to addressing these concerns.
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