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) provides a cloud-native platform that revolutionizes enterprise reporting and compliance management. This page aggregates official announcements and material developments related to the company's innovative solutions for connected data reporting and regulatory workflows.
Investors and professionals will find curated updates including earnings releases, product enhancements, and strategic partnerships. The collection serves as a centralized hub for tracking Workiva's progress in simplifying complex reporting processes through its integrated cloud platform.
Content highlights include regulatory filings, executive leadership updates, and technological advancements in data governance and audit-ready reporting. Users can monitor developments impacting enterprise compliance strategies and connected reporting ecosystems.
Bookmark this page for streamlined access to Workiva's latest corporate communications. Check regularly for updates on platform innovations that address evolving challenges in financial disclosure and cross-departmental data management.
A recent survey by PwC US and Workiva (NYSE: WK) reveals that 70% of business leaders are proactively preparing for upcoming SEC climate disclosure rules, regardless of finalization dates. While 68% of executives utilize technology for ESG reporting, 85% express concerns over inadequate tech for compliance. Notably, 95% prioritize ESG reporting, but 40% admit to being unprepared for proposed disclosures. Independent assurance is seen as crucial for meeting these requirements, with 96% of leaders planning to seek it regardless of SEC mandates. The survey involved 300 executives from firms with $500 million or more in revenue.
Workiva Inc. (NYSE:WK) announced its participation in two upcoming investor conferences. On March 6, 2023, President & COO Julie Iskow will present at the JMP Securities Technology Conference at 9:30 a.m. PT. Additionally, a fireside chat with Iskow and CFO Jill Klindt is scheduled for March 9, 2023, at 1:05 p.m. PT during the Morgan Stanley Technology, Media and Telecom Conference. The presentations will be available via live webcast and recorded for later viewing on Workiva's investor relations website.
Workiva Inc. (NYSE: WK) announced the appointment of Julie Iskow as Chief Executive Officer, effective April 1, 2023. She succeeds Marty Vanderploeg, who will transition to Non-Executive Chair of the Board. Iskow, who joined Workiva in 2019 as COO, has a strong background in scaling enterprise SaaS companies. The Board expressed confidence in her leadership abilities, citing her commitment to customers and innovation. Vanderploeg, a co-founder, lauded Iskow's impact on the organization's strategy and culture, emphasizing a long-term revenue goal of $1 billion.
Workiva Inc. (NYSE:WK) reported a 19.1% rise in total revenue for Q4 2022, reaching $143.8 million, driven by a 20.7% increase in subscription and support revenue. The company achieved a 23% revenue growth rate for 2022, with ESG identified as a key growth area. Despite a GAAP net loss of $13.9 million for Q4, the non-GAAP net income improved to $4.2 million. Workiva also reported a solid gross revenue retention rate of 97.8%. For 2023, guidance indicates total revenue in the range of $624 million to $626 million, with expected GAAP losses between $111 million and $109 million.
Workiva shares insights from GreenBiz 23 in the latest episode of the ESG Talk podcast.
The host, Mandi McReynolds, highlights three key takeaways emphasizing the importance of data-driven decision-making and automation for ESG reporting.
Listeners can access the podcast on platforms like Apple, Spotify, Google, and YouTube.
FAQ
What is the current stock price of Workiva (WK)?
What is the market cap of Workiva (WK)?
