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Workiva Inc. - $WK STOCK NEWS

Welcome to our dedicated page for Workiva news (Ticker: $WK), a resource for investors and traders seeking the latest updates and insights on Workiva stock.

Workiva Inc. (NYSE: WK) is a leading provider of cloud-based software solutions that simplify the complexities of reporting and compliance for enterprises. Headquartered in Ames, Iowa, Workiva’s flagship product, Wdesk, is a productivity platform that enables organizations to collect, link, report, and analyze business data with unparalleled control and accountability. The platform integrates proprietary word processing, spreadsheet, and presentation applications built upon a robust data management engine, ensuring synchronized data, controlled collaboration, granular permissions, and a comprehensive audit trail.

Currently serving over 6,000 organizations globally, including more than 65% of the Fortune 500, Workiva helps mitigate enterprise risk, improve productivity, and enable real-time decision-making. The platform is versatile, supporting a wide range of reporting requirements, from SEC filings to risk and compliance management.

Workiva’s platform is renowned for connecting and transforming data from a multitude of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, along with other third-party cloud and on-premise applications. This capability allows users to create, review, and publish data-linked documents and reports with higher control, consistency, accuracy, and productivity.

Recent achievements include Workiva’s collaborative efforts in the realm of Environmental, Social, and Governance (ESG) reporting. The company has hosted webinars and podcasts with industry leaders to explore the evolving landscape of ESG regulations and integrated reporting. Noteworthy discussions include the value of collaboration in ESG with executives from Nike and the New York Stock Exchange, and the role of ESG controllers in bridging finance and sustainability with Mastercard.

Workiva employs over 1,000 people across 15 cities worldwide, demonstrating a significant global presence. The company continues to innovate, recently hosting a webinar in partnership with PwC to discuss the 2024 Executive Benchmark on Integrated Reporting, reflecting its commitment to staying ahead of reporting regulations and providing its customers with leading-edge solutions.

For more information, visit workiva.com.

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Workiva (NYSE: WK) has launched Workiva Carbon, enhancing its ESG and Sustainability Platform with carbon accounting and decarbonization tools.

This new offering supports global climate regulations like the CSRD, SEC’s climate disclosure rules, and California’s Climate Corporate Data Accountability Act. Workiva Carbon helps organizations track and manage greenhouse gas emissions, set science-based targets, and report consistent data to stakeholders.

It integrates with ERP systems and utility providers, using validated emissions factors across 240+ countries to calculate emissions. Workiva Carbon also streamlines supplier engagement and cross-departmental collaboration, reducing manual errors. The tool is bolstered by technology from the recent Sustain.Life acquisition.

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On June 14, 2024, Laura Lane, chief corporate affairs and sustainability officer at UPS, joined Workiva's Andie Wood to discuss emissions reduction strategies. The focus was on leveraging data to drive down emissions, optimize investments, and achieve sustainability goals. This discussion is part of the ESG Talk podcast, available on Apple, Spotify, and YouTube, which is produced by Workiva, a unified platform for financial reporting, ESG, audit, and risk. Listeners can learn more about Workiva's offerings on their website or 3blmedia.com.

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On June 7, 2024, Jim Andrew, PepsiCo's chief sustainability officer, and Mandi McReynolds from Workiva discussed sustainable agriculture. The conversation delved into building trust and accountability in the supply chain, the concept of shared value, and the importance of partnerships in achieving Environmental, Social, and Governance (ESG) goals. The discussion is available on the ESG Talk podcast, which can be accessed via Apple, Spotify, and YouTube. ESG Talk is hosted by Workiva, a leading platform for financial reporting, ESG, audit, and risk management.

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Workiva, the provider of a unified platform for financial reporting, ESG, audit, and risk, hosts Tarynn Zenk, vice president of accounting and ESG controller at Mastercard, on its ESG Talk podcast. Zenk discusses the rising importance of ESG controllers in merging finance with sustainability, highlighting their role in maintaining the credibility of companies' ESG disclosures. The episode sheds light on the evolving responsibilities of ESG controllers amid growing demand for transparency in environmental, social, and governance (ESG) initiatives.

Listeners can subscribe to ESG Talk on Apple, Spotify, and YouTube for more insights.

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Workiva Inc. (NYSE: WK), a leading cloud platform for integrated reporting, announced participation at two upcoming investor conferences.

CEO Julie Iskow will present at the Stifel Cross Sector Investor Conference on June 4, 2024, at 3:00 p.m. ET. CFO Jill Klindt will present at the William Blair Growth Stock Conference on June 5, 2024, at 1:00 p.m. ET.

Both events will be webcast live, with recordings available on Workiva's investor relations website for a time.

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On May 24, 2024, Workiva released an ESG Talk episode featuring Garrett Quinn, chief sustainability officer at Smurfit Kappa Group, and Robert Eccles, a noted sustainability expert. Hosted by Andie Wood, the discussion delved into the challenge of merging sustainability with financial performance and highlighted Smurfit Kappa's efforts in implementing the Taskforce for Nature-related Financial Disclosures. The episode is part of Workiva's initiative to provide a unified platform for financial reporting, ESG, audit, and risk management.

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On May 17, 2024, Workiva released an episode of the ESG Talk podcast featuring Shivaram Rajgopal, chair of accounting at Columbia Business School, and Gihan Hyde, CEO of Communique. Hosted by Mandi McReynolds, the episode delves into leadership in accounting and the role of sustainability in the profession. The discussion emphasizes how integrating sustainability can make accounting more appealing and meaningful. Workiva, known for its unified platform for financial reporting, ESG, audit, and risk, sponsors the podcast. Listeners can access the episode on Apple, Spotify, and YouTube.

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RPD Energy's CEO and Iron Mountain's sustainability director discuss the journey to carbon-free data centers on ESG Talk. Iron Mountain pursues 24x7 carbon-free energy amidst rising electricity demands. Workiva sponsors ESG Talk, offering a unified platform for financial reporting, ESG, audit, and risk management.

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Workiva hosted a discussion on the impact of digitization on ESG reporting with industry experts. The talk highlighted how XBRL taxonomies facilitate data sharing and analysis for corporate sustainability. ESG Talk podcast by Workiva explores these topics further, emphasizing the company's role as a unified platform for financial reporting, ESG, audit, and risk management.

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Workiva Inc. announced financial results for Q1 2024, with a 20% increase in Subscription & Support Revenue, totaling $176 million in revenue, 17% YOY growth, and 34% YOY growth in customers with an annual contract value over $300K. The company achieved a GAAP gross profit of $134 million, with a 76.4% margin, and a non-GAAP gross profit of $136 million, with a 77.7% margin. GAAP net loss was $12 million, while non-GAAP net income was $13 million. Workiva had 6,074 customers as of March 31, 2024, and provided guidance for Q2 2024 and full year 2024.

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FAQ

What is Workiva Inc.?

Workiva Inc. is a cloud-based software company that simplifies reporting and compliance for enterprises.

What is Wdesk?

Wdesk is Workiva’s flagship productivity platform that helps organizations collect, link, report, and analyze business data.

Who uses Workiva’s platform?

Over 6,000 organizations globally, including more than 65% of the Fortune 500, use Workiva’s platform.

What industries does Workiva serve?

Workiva serves various industries, providing solutions for SEC filings, risk and compliance management, and more.

How does Workiva help with ESG reporting?

Workiva hosts webinars and podcasts to explore ESG regulations and integrated reporting, partnering with industry leaders.

Where is Workiva headquartered?

Workiva is headquartered in Ames, Iowa.

How many employees does Workiva have?

Workiva employs over 1,000 people across 15 cities worldwide.

What recent collaborations has Workiva undertaken?

Recent collaborations include discussions with Nike and the New York Stock Exchange on ESG, and a webinar with PwC on reporting regulations.

What are the benefits of using Workiva’s platform?

Workiva’s platform ensures synchronized data, controlled collaboration, granular permissions, and a comprehensive audit trail.

How can I learn more about Workiva?

You can learn more about Workiva by visiting their website at workiva.com.

Workiva Inc.

NYSE:WK

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3.85B
48.96M
3.06%
96.75%
6.58%
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