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Stock impact report

WalkMe Ltd. Announces First Quarter 2024 Financial Results [Yahoo! Finance]

WalkMe Ltd. - Ordinary Shares (WKME) 
Company Research Source: Yahoo! Finance
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 WalkMe X , 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 WalkMe X , our new contextual AI copilot, organizations will finally have the power to infuse GenAI right into the flow of work for every employee in any workflow.” “I'm pleased we achieved the high end of our revenue guidance range Show less Read more
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