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 Inc. (NYSE:WK) reported its fourth quarter and full year results for 2020, demonstrating strong performance. Q4 revenue reached $93.8 million, up 16.9% year-over-year, driven by a 22.4% increase in subscription revenue. The company achieved a GAAP net loss of $8.0 million but improved from a loss of $16.1 million in Q4 2019. For fiscal 2021, Workiva raised its revenue guidance to $409.0 million - $411.0 million. The company boasts a revenue retention rate of 95.0%, and its customer base increased to 3,723.
Workiva (NYSE:WK) announces the retirement of Stuart Miller as Executive Vice President and Chief Financial Officer after seven years. Jill Klindt, previously Senior Vice President and Chief Accounting Officer, will assume the CFO role effective February 27, 2021. Klindt brings over 20 years of experience in finance, risk management, and accounting, having been instrumental in Workiva’s corporate governance and financial reporting. The transition is expected to be smooth, with Klindt and Miller having worked closely together, ensuring continuity in leadership.
Workiva (NYSE: WK) has upgraded its entire global customer base to the next generation Workiva Cloud Platform, enhancing its openness, intelligence, and intuitiveness. This upgrade enables organizations to better connect data, streamline workflows, and automate updates. The new platform features a microservices architecture facilitating rapid development and integration with external systems. Additionally, over 200 global partners are creating unique solutions using the platform, which supports clients' digital transformation initiatives.
Workiva (NYSE: WK) will release its fourth quarter and fiscal year 2020 financial results on February 17, 2021, after market close. An investor conference call will follow at 5:00 p.m. ET, accessible via phone and webcast. The conference ID for the call is 9516867. A replay will be available until February 24, 2021. Workiva's platform enhances efficiency, transparency, and reduces risk for organizations globally. For more information, visit workiva.com.
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Workiva Inc. (NYSE:WK) announced its participation in two virtual investor conferences. Stuart Miller, Executive Vice President and CFO, will present at the Wells Fargo TMT Summit on December 2, 2020, at 3:20 p.m. ET, and the Raymond James Technology Investors Conference on December 8, 2020, at 5:00 p.m. ET. Both events will be webcast live, and recordings will be available on Workiva's investor relations website. The company simplifies complex work for organizations globally, enhancing efficiency, transparency, and reducing risk.
Workiva Inc. (NYSE:WK) reported strong financial results for Q3 2020, boasting total revenue of $88.1 million, an 18.8% increase from the previous year. Subscription revenue grew by 20.4% to $75.9 million. Notably, the company's GAAP loss from operations improved to $7.0 million, significantly better than last year's loss. Workiva raised its Q4 revenue guidance, estimating $90.2 million to $90.7 million. With a strong cash position of $523.9 million and a revenue retention rate of 94.9%, the outlook remains positive despite COVID-19 impacts.
Workiva (NYSE: WK) announced that Julie Iskow, the current EVP and COO, will join its Board of Directors effective January 1, 2021. Iskow brings extensive experience in leading SaaS companies, which has been instrumental in driving growth and operational efficiencies at Workiva. Concurrently, Eugene Katz will retire from the Board effective February 28, 2021, after serving since the company's IPO in 2014. The Board composition will now include seven directors, with five being independent.
Workiva Inc. (NYSE:WK) announced the appointment of Julie Iskow as a board director, effective January 1, 2021. Iskow, who has been with the company since October 2019 as EVP and COO, brings extensive experience in SaaS leadership. CEO Marty Vanderploeg praised her role in driving growth and operational efficiencies. Eugene Katz, a board member since Workiva's IPO, will retire on February 28, 2021. This change will leave the board with seven members, five of whom are independent, ensuring a blend of skills and perspectives to support shareholder growth.
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