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.
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.
Workiva (NYSE:WK) has announced that its management team will present at the Stifel 2022 Cross Sector Insight Conference on June 7, 2022, at 11:30 a.m. ET. A live webcast will be available on Workiva's investor relations website, providing access to subsequent replays. Workiva is dedicated to enhancing transparency in reporting through innovative solutions for regulatory, financial, and ESG reporting. Their cloud-based platform addresses complex reporting challenges and promotes data connectivity and consistency.
Workiva (NYSE:WK) has expressed support for the Financial Data Transparency Act introduced by Senators Mark Warner and Mike Crapo. This act aims to enhance consistency and transparency in financial regulatory filings by directing major U.S. financial agencies to adopt uniform, machine-readable data standards. Workiva's CEO, Marty Vanderploeg, praised the act as a potential game-changer for capital market efficiency. The proposed modernization is expected to mirror the efficiencies realized from previous government data standardization efforts.
Workiva reported Q1 2022 total revenue of $129.7 million, a 24.4% increase year-over-year, with subscription and support revenue rising 26.1% to $107.1 million. The company added 93 new customers and achieved a revenue retention rate of 97.7%. However, the GAAP net loss surged to $18.5 million from $7.3 million in Q1 2021. The financial outlook includes a projected total revenue range of $534.0 million to $536.0 million for FY 2022.
Workiva Inc. (NYSE:WK) has announced it will release its first quarter financial results on May 3, 2022, after market close, followed by an investor conference call at 5:00 p.m. ET. Investors can join the call by dialing 888-330-2469 (U.S.) or 240-789-2740 (international), with a conference ID of 8736384. A replay will be available until May 10, 2022. Workiva's platform focuses on simplifying regulatory, financial, and ESG reporting, enhancing data transparency and consistency.
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