Enterprise software firm Okta Inc. delivered solid third-quarter earnings Wednesday, easily beating Wall Street’s consensus.

Okta, which makes identity management software that allows employees to log in to multiple applications without using different passwords for each of them, said it pulled in revenue of $68.2 million, up 61 percent from the same period last year. It also posted a loss of 19 cents per share before certain costs such as stock compensation.

That easily beat Wall Street’s forecast of $62.8 million in revenues and a 24 cent adjusted loss. Okta’s shares jumped almost 5 percent in after-hours trading as a result. Since it went public in April, Okta’s shares have risen by almost 70 percent.

The company also reported some big customer wins for the quarter, signing up companies such as Caesars Entertainment Corp., Nordstrom Inc. and the real estate services firm CBRE Group Inc. Okta now claims more than 3,000 customers in total, with about 40 million users in 185 countries. In addition, Okta was recently named as an industry leader by the research firm Forrester Inc. in its latest report on the identity-as-a-service business.

Okta said its net loss grew to $33.8 million in the most recent quarter, with free cash flow remaining negative at $11.2 million. It also said it still has $223.6 million in cash on its books.

Chief Executive Officer Todd McKinnon (pictured) told financial news website Barron’s that two key trends were accelerating its growth. First, he said that every enterprise is looking for ways to make its employees more productive. Second, he reiterated his belief that every company is becoming a technology company, and that they want to provide better web and mobile app experiences for their customers, something that Okta can help them to do.

“For years, we’ve said that every company has to become a technology company to survive and thrive in the new cloud and mobile world,” McKinnon said in a statement. “Organizations of all sizes and in every industry are either adopting or building new technologies to better connect their employees, partners, customers and constituents.”

For the fourth quarter, Okta provided revenue guidance of $70 million to $71 million, well ahead of Wall Street’s $67.9 million forecast.

With such rapid growth in the offing, Okta also announced it’s moving to a new headquarters in San Francisco. The company said it has rented 207,000 square feet of space in a new complex in the city’s SoMa district and will complete its move by the second quarter of next year.

The company also took the opportunity to announce a new program called Okta for Startups that will enable one year of free access to its Okta Identity Cloud for small businesses with up to 25 employees.

Image: Okta/Facebook