Workiva Inc Stock Price, News & Analysis

Deutsche Bank's Chief Sustainability Officer, Jörg Eigendorf, discusses the bank's sustainable finance framework and sustainability strategy in the first part of a two-episode series on ESG Talk, a podcast by Workiva (WK). The episode explores how Germany's leading bank supports clients in their sustainability transitions. ESG Talk, available on Apple, Spotify, and YouTube, is produced by Workiva, a company providing a unified platform for financial reporting, ESG, audit, and risk management.

Workiva Inc. (NYSE:WK) reported strong financial results for Q2 2024, with total revenue reaching $178 million, up 15% year-over-year. Subscription and support revenue grew 18% to $161 million. The company achieved a 31% YOY growth in customers with Annual Contract Value over $300K. Workiva also announced a $100 million share repurchase program.

Key financial highlights include:

• GAAP gross profit of $136 million, with a 76.8% gross margin
• Non-GAAP income from operations of $4 million
• Non-GAAP net income of $9 million, or $0.16 per diluted share

Workiva raised its full-year 2024 total revenue guidance to $727-$729 million, demonstrating confidence in its growth trajectory.

In the latest episode of ESG Talk, Michael Schor from Deloitte & Touche LLP and Grant Ostler from Workiva discuss combating greenwashing through good governance. The podcast explores unintentional greenwashing risks, external pressures on sustainability reporting, and how good governance builds truth and transparency.

ESG Talk is sponsored by Workiva, offering a unified platform for financial reporting, ESG, audit, and risk management. The podcast is available on Apple, Spotify, and YouTube. Listeners can learn more about Workiva's solutions at workiva.com.

Workiva (NYSE:WK), a premier cloud platform for integrated reporting, announced that it will release its Q2 2024 financial results on August 1, 2024, after market close. A conference call and live webcast will follow at 5 p.m. Eastern Time (22:00 GMT) to discuss the financial outcomes. The webcast will be accessible via the company's investor relations website and will be archived for replay. Stay tuned to https://investor.workiva.com for further information under the 'Events & Presentations' section.

On July 5, 2024, Bhushan Sethi, a partner in PwC's Strategy & Consulting business and an adjunct professor at NYU Stern School of Business, along with best-selling author and keynote speaker Stan Phelps, join co-host Mandi McReynolds on the ESG Talk podcast. The episode emphasizes the role of trust and transparency in employee engagement and the connection between employee well-being and financial performance. The podcast is sponsored by Workiva, known for its unified platform for financial reporting, ESG, audit, and risk management. For more details, listeners are encouraged to subscribe to ESG Talk on Apple, Spotify, and YouTube. Additional multimedia content and ESG storytelling by Workiva are available on 3blmedia.com.

In a recent episode of ESG Talk, Brett Weaver, tax leader for the ESG Practice at KPMG US, joins Workiva's Andie Wood to discuss the integral role of tax in sustainability. The discussion delves into the dual function of taxes as both a driver and a metric for sustainability efforts. They highlight the benefits of leveraging green tax incentives and compare different tax policy approaches between the United States and Europe. The podcast is part of ESG Talk by Workiva, a platform known for its comprehensive solutions in financial reporting, ESG, audit, and risk management. Listeners can subscribe to ESG Talk on popular platforms like Apple, Spotify, and YouTube for more insights on tax and sustainability topics.

CrossCountry Consulting has announced a strategic partnership with Workiva (NYSE:WK), a leading cloud platform for integrated reporting. This collaboration aims to leverage CrossCountry's advisory expertise and Workiva’s advanced technology to address the complex regulatory and reporting requirements faced by clients. Workiva's platform is widely used by professionals in accounting, finance, sustainability, audit, and risk management across over 6,000 global organizations for various reporting needs, including SEC filings and ESG reporting. This partnership seeks to enhance the financial operations, risk, and audit functions of CrossCountry's clients, driving strategic insights and value at scale.

Workiva's latest ESG Talk episode features host Mandi McReynolds in conversation with AT&T's Chief Sustainability Officer, Charlene Lake. They discuss the importance of having audit-ready ESG data and the role of technology in tracking and reporting emissions. The episode emphasizes the necessity for companies to adopt efficient technology solutions to streamline their ESG reporting processes. ESG Talk is available on Apple, Spotify, and YouTube. Workiva is highlighted as the only unified platform for financial reporting, ESG, audit, and risk management.

Workiva (NYSE: WK) has launched Workiva Carbon, enhancing its ESG and Sustainability Platform with carbon accounting and decarbonization tools.

This new offering supports global climate regulations like the CSRD, SEC’s climate disclosure rules, and California’s Climate Corporate Data Accountability Act. Workiva Carbon helps organizations track and manage greenhouse gas emissions, set science-based targets, and report consistent data to stakeholders.

It integrates with ERP systems and utility providers, using validated emissions factors across 240+ countries to calculate emissions. Workiva Carbon also streamlines supplier engagement and cross-departmental collaboration, reducing manual errors. The tool is bolstered by technology from the recent Sustain.Life acquisition.