Okta Projects Sales Topping Estimates on Remote-Work Demand

(Bloomberg) — Okta Inc. gave a revenue forecast for the current quarter that topped analysts’ estimates, signaling steady demand for its identity software while corporate employees log on to work from home during the pandemic.



A woman works at a desktop computer alongside an Apple Inc. laptop in a home office in this arranged photograph taken in Bern, Switzerland, on Saturday, Aug. 22, 2020. The biggest Wall Street firms are navigating how and when to bring employees safely back to office buildings in global financial hubs, after lockdowns to address the Covid-19 pandemic forced them to do their jobs remotely for months.


© Photographer: Stefan Wermuth/Bloomberg
A woman works at a desktop computer alongside an Apple Inc. laptop in a home office in this arranged photograph taken in Bern, Switzerland, on Saturday, Aug. 22, 2020. The biggest Wall Street firms are navigating how and when to bring employees safely back to office buildings in global financial hubs, after lockdowns to address the Covid-19 pandemic forced them to do their jobs remotely for months.

Sales will be as much as $222 million in the period ending in January, the San Francisco-based company said Wednesday in a statement. Analysts, on average, estimated $216.7 million, according the data compiled by Bloomberg. In the current fiscal year, Okta raised its projected

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Zoom Projects Revenue That Would Top Analysts’ Estimates

Zoom’s slowing revenue expansion in the current period highlights investors’ concerns that 2021 won’t be as favorable for the software maker as this year, when the company gained customers forced to work and go to school remotely. Zoom’s stock has jumped sevenfold this year, heightening questions about whether the company is overvalued.

In the fiscal third quarter, Zoom said sales increased 367% to $777.2 million from a year earlier. Profit, excluding some items, was 99 cents a share. Analysts projected revenue of $693.4 million and adjusted profit of 75 cents.

Zoom’s stock has become a barometer of the pandemic economy, rising when Covid-19 lockdowns emerge and falling on good news about vaccines. Chief Executive Officer Eric Yuan has tried to diversify Zoom’s capabilities for large enterprises, small- and mid-sized businesses and individuals so the company can grow after the coronavirus is controlled and greater numbers of workers return to their

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Munster transit development district takes shape as commuter rail projects progress | Northwest Indiana Business Headlines

The TDD, according to the preliminary map, stretches along Manor roughly from Broadmoor Avenue on the north to Fisher Street on the south, then includes the country club and industrial areas south of Fisher from the state line to Calumet Avenue.

The TDD’s Ridge Road territory goes roughly from the state line on the west to the area of the Town Hall on the east. The proposal stretches the TDD northward along Calumet Avenue to the river. The boundaries are irregular, taking in areas planners consider most likely to attract investment, and include 327 acres, meaning it will have to be trimmed to the 320-acre limit.

It includes a variety of uses, from single-family residential to retail and service businesses to light industry and distribution operations. The planners said some areas within the boundaries should be preserved and strengthened, others will be ripe for reuse, redevelopment or, in the case

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Capital Projects: New Architecture Rethinking Design in Washington D.C.

Capital Projects: New Architecture Rethinking Design in Washington D.C.

Washington D.C. has earned a reputation for iconic architecture. Emerging from the L’Enfant and McMillan Plans, Washington’s cityscape includes wide streets and low-rise buildings that sprawl out from circles and rectangular plazas. From the White House to Lincoln Memorial, Washington’s architecture was built to symbolize the nation’s values. Today, new projects are designed to rethink the city’s morphology while respecting its identity.

© Edmund SumnerCourtesy of Dwight D. Eisenhower Memorial Commission© Eric Taylor© Richard Barnes+ 11

© Nic Lehoux
© Nic Lehoux

Informed by a series of standards, the city and the National Mall were planned in accordance with the Height Act of 1910 that controlled density and height limits. Building off powerful works like Maya Lin’s Vietnam Memorial, new projects showcase a range of contemporary approaches to design across Washington. Built among historic contexts, these projects reinterpret monumentality through modern forms and expressions.

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