WalkMe Ltd. Announces First Quarter 2024 Financial Results
WalkMe Ltd. - Ordinary Shares (WKME)
Company Research
Source: GlobeNewswire
1Q24 Revenue of $68.6 million at the high end of the guidance range. 1Q24 Non-GAAP Operating Income of $4.4 million or 6% compared to a loss of ($8.8) million or (13%) in 1Q23.Record high Free Cash Flow of $16.6 million and 24% margin compared to cash burn of ($8.3) million and (13%) in 1Q23.Introducing WalkMeX, the industry’s first always on, contextual AI copilot that proactively delivers next best actions to users across any workflow or application. SAN FRANCISCO, May 22, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced financial results for its first quarter ended March 31, 2024. Management Commentary “Q1 has been a great kickoff as we turn the corner on growth with a focus on doubling our net new ARR in 2024,” said Dan Adika, CEO of WalkMe. “GenAI has created a huge opportunity for WalkMe and with WalkMeX, our new contextual AI copilot, organizations will finally
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News
- Wednesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- SAP Set to Acquire Israel-based WalkMe in Deal Worth $1.5B [Yahoo! Finance]Yahoo! Finance
- WalkMe Ltd. (WKME) Hit a 52 Week High, Can the Run Continue? [Yahoo! Finance]Yahoo! Finance
- Jasper Establishes Paris Research Lab and Announces New Research to Advance the Boundaries of AI [Yahoo! Finance]Yahoo! Finance
- WalkMe Ltd. (NASDAQ: WKME) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
WKME
Earnings
- 5/22/24 - Beat
WKME
Sec Filings
- 6/5/24 - Form 6-K
- 5/22/24 - Form 6-K
- 3/18/24 - Form S-8
- WKME's page on the SEC website