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 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.
Cvent (NASDAQ: CVT) has announced the appointment of Julie Iskow, President and COO of Workiva (NYSE: WK), to its board of directors, effective May 18, 2022. Iskow brings over two decades of experience in the SaaS sector, having led product development and global growth strategies. Her expertise is expected to enhance Cvent's operations and accelerate its growth, particularly in the evolving events landscape. Iskow will replace outgoing board member Sanju Bansal, whose term ends on the same date.
Workiva has enhanced its XBRL financial disclosure solutions by acquiring ParsePort for $100 million in cash. This strategic acquisition positions Workiva to strengthen its market share in Europe for ESEF and statutory reporting. With over a decade of experience, ParsePort is a leading provider of XBRL conversion software, trusted by more than 800 organizations. The deal will allow Workiva to extend its cloud platform offerings, facilitating complex reporting needs amid growing regulatory demands.
Workiva Inc. (NYSE:WK) will participate in the Morgan Stanley Technology, Media and Telecom Conference on March 7, 2022, at 2:30 p.m. ET. The event will be webcast live, with a recording available afterward on Workiva's investor relations page. Workiva's platform simplifies complex work for organizations globally, promoting efficiency, transparency, and risk reduction. For more insights, visit their website.
Workiva Inc. (NYSE: WK) announced the promotion of Julie Iskow to president and chief operating officer, effective March 1, 2022. Iskow will oversee global growth strategy, product development, and customer success. Her leadership has been vital in establishing the company’s commercial strategy and enhancing operations. Iskow joined Workiva in 2019, bringing extensive experience in scaling SaaS companies. She is also on the board of directors for Workiva and Vocera Communications.
Workiva reported a strong performance for Q4 and full year 2021, with Q4 revenue at $120.8 million, a 28.7% increase from Q4 2020. Subscription and support revenue rose 28.8% to $104.3 million. The company achieved a full year revenue of $443.3 million, up 26.1%. Customer growth was notable, with 4,315 customers and a record revenue retention rate of 97%. However, the company also reported a GAAP net loss of $14.3 million for Q4 2021, compared to a loss of $8 million in Q4 2020. Looking forward, guidance for Q1 2022 anticipates revenue between $127 million and $128 million.
Workiva Inc. (NYSE:WK) has announced a strategic partnership with Persefoni, Inc., aiming to enhance carbon disclosure for their joint customers. This collaboration will provide a unique solution that integrates financial and ESG reporting, complying with emerging climate-related disclosure guidelines. The partnership will allow for efficient data transfer between the platforms, improving accuracy and transparency in carbon emissions reporting. Julie Iskow, Workiva's COO, emphasized the commitment to innovative ESG solutions, while Persefoni's CEO highlighted the reduced complexities for users in meeting regulatory requirements.
Workiva has acquired the Arelle® Extensible Business Reporting Language (XBRL®) validation platform from Mark V Systems Limited. This acquisition positions Workiva as the primary steward of Arelle, which is the leading open-source XBRL validation engine, utilized by over 50 global regulators and banks. The deal secures management of the Arelle domain and trademark, along with a consulting agreement with Mark V Systems CEO Herman Fischer. Workiva aims to enhance transparent reporting and ensure the continued open-source availability of Arelle technology.
Workiva Inc. (NYSE: WK) announced the scheduled release of its fourth quarter and fiscal year 2021 financial results on February 22, 2022, after market closure. An investor conference call is set for 5:00 p.m. ET the same day, accessible via dial-in or live webcast. The call's replay will be available until March 1, 2022. Workiva provides a platform that enhances efficiency, transparency, and reduces risk for organizations worldwide.