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 announced the acquisition of AuditNet, a provider of global audit content and services, aimed at enhancing transparency and efficiency in internal auditing. AuditNet's platform, which supports over 160,000 audit practitioners, will integrate its resources into Workiva's offerings, furthering its commitment to digital transformation in audit processes. The acquisition aligns with Workiva's recent recognition as a leader in Governance, Risk, and Compliance (GRC) platforms. Terms of the agreement remain undisclosed.
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Workiva (NYSE:WK) announced its participation in two upcoming virtual investor conferences. The management team will present at the Wells Fargo Virtual TMT Summit on
Workiva simplifies complex work for organizations with its innovative platform, enhancing efficiency and transparency.
Workiva reported Q3 2021 revenue of $112.7 million, a 27.9% increase from Q3 2020, driven by a 30.4% rise in subscription and support revenue. Customer growth continued, with a 41.3% increase in clients with annual contracts over $150K.
The company raised its full-year guidance, projecting total revenue between $439 million and $440 million. Non-GAAP net income reached $8.7 million, up from $2.5 million a year earlier. However, GAAP loss from operations stood at $8 million, worsening from a $6.9 million loss in the prior year.
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Workiva (NYSE:WK) has announced its upcoming annual Investor Day, scheduled for Thursday, Nov. 18, 2021, starting at 9:00 a.m. CT. This virtual event will feature presentations from key executives, including Marty Vanderploeg, Julie Iskow, and Jill Klindt, covering the company’s platform, markets, and go-to-market strategies. Investors can access the live webcast via the investor relations website, where a replay will also be available.
The SOX & Internal Controls Professional Group, in collaboration with KPMG US and Workiva (NYSE:WK), released its sixth annual survey highlighting trends in SOX compliance amid the ongoing impacts of the COVID-19 pandemic. Key findings indicate that 53% of companies shifted to fully remote work, while 62% reported no loss in SOX compliance staff. The average number of key controls increased to 300, driven by company revenue. Despite positivity in compliance adjustments, 75% of practitioners still utilize multiple technologies, and automation remains underutilized, with two-thirds not employing bots.
Workiva (NYSE: WK) announced it will release its third quarter financial results on November 3, 2021, after market closure. Following this, an investor conference call will be held at 5:00 p.m. ET. Investors can join by dialing 833-968-1977 (U.S.) or 647-689-6649 (international), using conference ID 8009407. A replay will be available until November 10, 2021, along with an archived webcast on their investor relations site.
Workiva Inc. (NYSE: WK) has been recognized as a Leader in The Forrester Wave™: Governance, Risk, and Compliance Platforms Q3 2021 report. The company achieved the highest score in 12 out of 25 evaluation criteria, including Audit Management and Vision. Workiva's platform facilitates collaboration and integration for operational, financial, and compliance reporting globally. This acknowledgment underscores Workiva's commitment to simplifying complex business processes and enhancing return on investment for clients worldwide.
Workiva Inc. (NYSE: WK) has launched a new data preparation capability called Data Prep at its annual conference. This no-code tool enables users to cleanse, transform, and integrate data from various enterprise systems, improving compliance reporting and collaboration. With pre-built transformations, Data Prep standardizes data reporting, reducing inconsistencies and enhancing accuracy. Enhanced by the recent acquisition of OneCloud, this functionality connects seamlessly with over 70 applications, streamlining data integration across platforms.
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