AI sector earnings highlight strong revenue momentum and rising investor interest

A leading AI firm posted 12% revenue growth and an EPS beat, reflecting stronger demand as AI themes rose sharply across earnings calls.

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9 days ago

AI sector earnings highlight strong revenue momentum and rising investor interest

AI sector earnings highlight strong revenue momentum and rising investor interest

A US-based AI company Okta, reported Q3 revenue of $742 million, up 12% year-on-year, while EPS of $0.82 exceeded expectations. Sector commentary noted record AI mentions across earnings calls as corporate adoption widened. Funds continued increasing exposure to software-driven AI names linked to marketing, infrastructure, and automation demand.

Tags:
  • ai
  • earnings