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Stock impact report

Workiva Announces First Quarter 2020 Financial Results

Workiva Inc. Class A (WK) 
Last workiva inc. class a earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.workiva.com/investors/overview
Company Research Source: Business Wire
Q1 Subscription and Support Revenue of $68.4 Million, up 21.8% from Q1 2019Q1 Total Revenue of $85.8 Million, up 22.6% from Q1 2019 AMES, Iowa--(BUSINESS WIRE)--Workiva (NYSE:WK), provider of the world’s leading connected reporting and compliance platform, today announced financial results for its first quarter ended March 31, 2020."We are pleased with our first quarter 2020 financial results, which exceeded guidance for revenue and operating results," said Marty Vanderploeg, Chief Executive Officer of Workiva."Despite challenges from COVID-19, we believe we are in a stronger, more flexible financial position now than ever before, including nearly $500 million in unrestricted cash and short-term investments," said Vanderploeg."The depth and duration of the economic disruption from COVID-19 is unknown," said Stuart Miller, Chief Financial Officer of Workiva. "While we have a large pipeline of new deals, we have limited visibility on when the deals will close. We are providing guidan Show less Read more
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