Cybersecurity firm Okta (OKTA) stock slumps Wednesday morning despite a third-quarter earnings beat on headlines of a major data breach. Hackers targeted Okta's customer database with the company warning users on potential phishing scams Yahoo Finance Live reports on the breach and Okta's top and bottom line performance in its latest earnings report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
With me in today's meeting, we have Todd McKinnon, our chief executive officer and co-founder; and Brett Tighe, our chief financial officer. 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.
Hackers accessed the email addresses and names of everyone in the Okta customer support system. Find out what this means for your online security.