OKTA stock rose 9% on a forecast raise; Q3 EPS missed slightly but revenue and FY guidance beat.

Octa. Octa is up 9% after a forecast raise. Let's go for the software. Uh, that's really exciting. Let's go pull up Octa. Octa, Octa, Octa is up. Octa up 9% after forecast boost sees Q3 adjusted EPS at 93 cents.

The estimate was 94 though. So Q3 adjusted EPS slight miss.

I've got Q3 revenue beating at the midpoint by roughly 6ish million. That's what about less than a little less than a percent. Q2 revenue 805 versus 792. That's a beat.

Q2 revenue 805 versus 792. That's a beat. I've got adjusted EPS at $3.92 for the fiscal year versus the expectations of a range of 379 to 387 which is also a beat uh a 5-cent beat here is probably what is that 005 divided by about a 1.3ish% beat.

So both Octa and Salesforce giving us a good little boost here to the software sector. That's pretty good. We like to hear that. That's a good start.

The beats, I'd say on Octa and Salesforce are like not huge, but they're not really like bad misses, right? uh like into its forecast really suggested that they needed to spend money on advertising and kind of getting back in front of customers here with Salesforce and Octa. You didn't really have that. Uh so that's good.

Uh if I now do a really quick look at Octa. Oh, compliant with regulations and that. Okay. All right. Got it. Let me do a really quick Octa. This one was pretty good. Uh they had see fiscal year EPS at 3 point uh 3.9 2 divided by what they previously saw.

Let's see that's 8 cents plus 4 is 383 divided by 3.83 2.3% beat 2.3% fiscal year EPS adjusted beat.

I had uh Q2 revenue at 805 versus 792.8. That's pretty good. 805 divided by 792.8. That's like a 1.5% beat. Uh 1.5% beat. And then their forecast coming in at 8:15 versus 808.5 forecast raised about 1% as well. So then I've got forecast raised 1% uh for Q3.

So, uh holy majolies 17% on Octa, dude. Oh my gosh, dude. The software side is bottom. Uh, if only somebody could have told us.