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Workiva (WK) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.02 per share a year ago.
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the world's leading cloud platform for assured integrated reporting, today announced financial results for its second quarter ended June 30, 2024. "In Q2, we saw a healthy improvement in the buying environment marked by broad-based demand across our entire solution portfolio," said Julie Iskow, President & Chief Executive Officer. "This demand was driven by a number of multi-solution and large contract platform deals. Whether from new logos.
Dublin, July 24, 2024 (GLOBE NEWSWIRE) -- The "Global ESG Reporting Software Market by Offering (Software and Services), Deployment Type (On-premises and Cloud), Organization Size (Large Enterprises and SMEs), Vertical (BFSI and Government, Public Sector, and Non-profit), & Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The ESG reporting software market is expected to grow from USD 0.9 billion in 2024 to USD 2.1 billion by 2029, at a CAGR of 17.0%
Workiva, a compliance and reporting software company, looks compelling after a major ~25% YTD decline. The company continues to grow subscription revenue at a >20% y/y clip and addresses a large $25 billion TAM. Unlike many software peers, Workiva's net revenue retention rates have been on a recent uptrend, which is an important catalyst to margin expansion.
MCLEAN, Va.--(BUSINESS WIRE)--CrossCountry Consulting, a leading business advisory firm, today announced a strategic partnership with Workiva (NYSE:WK), one of the world's leading cloud platforms for assured integrated reporting. Through this partnership, CrossCountry will be able to utilize their deep expertise in financial reporting, governance, and risk with Workiva's solution to meet the challenging regulatory and reporting demands its clients face. The Workiva platform simplifies complex r.
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE: WK), a global leader in assured integrated reporting, today announced the launch of Workiva Carbon. The new offering advances its ESG and Sustainability Platform for organizations to support the requirements of global climate regulations, including the Corporate Sustainability Reporting Directive (CSRD), SEC's climate disclosure rules, and California's Climate Corporate Data Accountability Act (SB 253) and Climate-Related Financial Risk Act (SB 261.
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the world's leading cloud platform for assured integrated reporting, today announced its planned participation at two investor conferences. Workiva's management team will present at the following events: Stifel, Cross Sector Investor Conference: CEO Julie Iskow will present on June 4, 2024, at 3:00 p.m. ET. William Blair, Growth Stock Conference: CFO Jill Klindt will present on June 5, 2024, at 1:00 p.m. ET. The events will be webcast live and.
Though the cloud computing sector has seen generous growth over the last five years, some analysts have wondered if the market is overvalued. However, there is no simple answer to this question, as the concept of cloud computing can refer to any number of companies that provide an offsite technical solution for customers.
The mean of analysts' price targets for Workiva (WK) points to a 34.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Workiva Inc. (NYSE:WK ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Mike Rost - Senior Vice President, Corporate Development and Investor Relations Julie Iskow - Chief Executive Officer Jill Klindt - Chief Financial Officer Conference Call Participants Steve Enders - Citi Alex Sklar - Raymond James Dominique Manansala - Truist Securities Dan Jester - BMO Capital Markets Ryan Krieger - Wolfe Research Adam Hotchkiss - Goldman Sachs Operator Good afternoon, ladies and gentlemen and welcome to Workiva First Quarter 2024 Earnings Call. My name is Ellie and I will be your host operator on this call.