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. provides an AI-powered platform used by accounting, finance, sustainability, risk and audit teams to connect data, unify reporting processes and produce audit-ready work. Company news commonly centers on quarterly and annual results, subscription and support revenue, professional services revenue, operating margin and revenue outlook tied to adoption of the Workiva platform.
Recurring product and business updates cover financial reporting, governance, risk and compliance, sustainability reporting, internal audit and controls, including AI-enabled workflow and data automation features for the Office of the CFO. Workiva also issues updates on investor conference participation and executive or finance-leadership changes.
Summary not available.
Watershed and Workiva announce a strategic partnership aimed at enhancing carbon emissions reporting for public companies. This collaboration enables joint customers to integrate Watershed's carbon data into Workiva's ESG reporting platform, promoting streamlined compliance as regulatory bodies like the SEC and the European Union push for mandatory carbon disclosures. The partnership seeks to equip businesses with the tools necessary to navigate evolving environmental regulations effectively and improve data-driven decision-making for sustainability.
Workiva (NYSE:WK) has achieved a prestigious AAA rating in the 2022 MSCI ESG Ratings assessment, marking it as an industry leader in managing environmental, social, and governance (ESG) risks. The company performed in the top 9% of global software-as-a-service (SaaS) firms and is one of only four public SaaS companies in the U.S. to earn this rating. CEO Marty Vanderploeg highlighted the company's commitment to transparency and continuous ESG progress, emphasizing Workiva's strengths in business ethics, privacy, data security, and labor management.
Summary not available.
Workiva reported Q3 2022 revenue of $132.8 million, a 17.9% increase year-over-year, with subscription and support revenue growing by 19.9%. The company achieved a 25% year-over-year growth in customers with an annual contract value over $150K. Despite revenue growth, Workiva faced a GAAP net loss of $29.7 million compared to a loss of $6.6 million in Q3 2021. Looking ahead, the company targets a full-year revenue growth of 20% and expects Q4 2022 revenue between $138.9 million and $139.9 million.
Workiva (NYSE:WK) has announced its plans to release third quarter financial results on November 2, 2022, after market close. An investor conference call and webcast is scheduled for 5:00 p.m. ET on the same day, with access via dialing 888-330-2469 (U.S.) or 240-789-2740 (international). A live webcast will be available on the company's investor website, and a replay will be accessible until November 9, 2022. Workiva focuses on transparent reporting solutions for various regulatory, financial, and ESG requirements.
Summary not available.
Workiva (NYSE:WK) is set to host its annual Investor Day on September 13, 2022, from 10 a.m. to 12 p.m. PT during the Workiva Amplify Conference at the MGM Grand Hotel in Las Vegas. The event will feature presentations from company executives about Workiva's platform, markets, and strategies, followed by a live Q&A. Virtual attendance is also available. Participants can register at https://events.workiva.com/BWKlq1. A replay will be accessible post-event on Workiva's Investor Relations site.
The SEC Professionals Group announces that Paul Munter, Acting Chief Accountant of the U.S. Securities and Exchange Commission, will address their quarterly meeting on September 13, 2022, at 10:00 a.m. Pacific time, during the Workiva Amplify user conference in Las Vegas, Nevada. Munter will discuss the Office of the Chief Accountant's priorities, including climate disclosure and auditor independence. The SEC Professionals Group represents over 10,000 members, facilitating communication between the SEC and financial reporting practitioners.
Workiva (NYSE:WK) announced its annual Investor Day will be held on September 13, 2022, during the Workiva Amplify Conference at the MGM Grand Hotel, Las Vegas, from 10 a.m. to 12 p.m. MT. The event will feature presentations from company executives regarding Workiva's platform, markets, and go-to-market strategies, followed by a live Q&A. Attendees can participate in person or virtually. Registration is available online, and a replay will be accessible after the event on Workiva's investor relations site.