Okta (OKTA) is expected to report a quarterly loss of 21 cents a share on sales of $116.8 million after the market closes Thursday, based on a FactSet survey of 19 analysts.
In the same period a year ago, the company posted a loss of 9 cents a share on sales of $83.6 million.
The stock has risen 33.7% since the company last reported earnings on Mar. 7.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Okta is currently trading at a price-to-forward-earnings ratio of -272.7 based on the 12-month estimates of 20 analysts surveyed by FactSet.
Shares of the company closed down 2.86% on Wednesday to $105.49 on Nasdaq.
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