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 cloud-native, AI-powered software platform focused on transparency, accountability, and trust in reporting and compliance. This news page aggregates company announcements, investor updates, and other disclosures so readers can follow how Workiva’s business and strategy evolve over time.
According to company press releases, finance, accounting, sustainability, risk, and audit teams from thousands of organizations, including a large share of Fortune 1,000 companies, rely on Workiva for mission-critical work. News about Workiva often highlights how its secure, audit-ready, collaborative platform helps customers connect data from enterprise systems, unify processes, and produce data-linked reports for financial and regulatory purposes.
Investors and analysts can use this feed to review quarterly financial results, including updates on subscription and support revenue, professional services revenue, margins, customer metrics, and non-GAAP financial measures. The company regularly issues earnings releases and files related Form 8-Ks to report results for periods such as the second and third quarters.
Workiva’s news flow also covers leadership and governance developments, such as the appointment of executives in roles like Chief Financial Officer, Chief Revenue Officer, and Chief Product Officer, as well as board and committee roles referenced in external announcements. In addition, Workiva announces participation in investor conferences and schedules for earnings calls and webcasts.
For those tracking the software and information sector, this page provides a focused view of Workiva’s corporate communications, helping readers monitor its AI-powered platform strategy, operating performance, and capital allocation decisions over time.
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.
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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.
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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.
Workiva reported a strong Q2 2022 performance, achieving total revenue of $131.5 million, an increase of 24.6% year-over-year. Subscription and support revenue reached $113.4 million, up 24.3%. The company added 123 new customers and reported a revenue retention rate of 97.9%. However, Workiva experienced a GAAP net loss of $28.9 million, compared to a $9.5 million loss in the prior year. For the second half of 2022, the company plans to balance growth investments with a focus on operating leverage, with expectations of returning to profitability in late 2023.
Workiva Inc. (NYSE:WK) announced plans to release its second quarter financial results on August 9, 2022, after market close. An investor conference call will follow at 5:00 p.m. ET, accessible by dialing 888-330-2469 for U.S. participants. A live webcast will be available and can be accessed at investor.workiva.com. A replay of the call will be available until August 16, 2022. Workiva specializes in cloud-based regulatory, financial, and ESG reporting solutions.