WalkMe Ltd. Announces Fourth Quarter and Full Year 2023 Financial Results
WalkMe Ltd. - Ordinary Shares (WKME)
Company Research
Source: GlobeNewswire
Ended 2023 generating $11.5M and 4% margin in FCF compared to a cash burn of $53.9M and (22%) last year.4Q23 Non-GAAP Operating Income of $4.8M or 7% compared to a loss of ($10.5M) or (16%) in 4Q22.Finished the year for the first time with a Non-GAAP Net Income per share of $0.04 compared to a loss of ($0.66) for 2022. SAN FRANCISCO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its fourth quarter ended December 31, 2023. Management Commentary “2023 was a transformational year for WalkMe. We’ve optimized our foundations and proven that with the right processes in place the WalkMe engine can produce cash at scale. We are now a profitable company and turn our focus with the aim to double our net new ARR in 2024 in order to drive double digit ARR growth in 2024 and accelerate revenue growth in 2025. Large enterprise companies will experience the true value of how Digital Adoption a
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News
- Stardog Appoints Scott Montigelli as New Global SVP of Sales [Yahoo! Finance]Yahoo! Finance
- WalkMe Cements Category Leadership with Continued AI Innovation, Industry Recognition, and Financial Growth [Yahoo! Finance]Yahoo! Finance
- WalkMe Ltd. (NASDAQ: WKME) had its price target lowered by analysts at Barclays PLC from $10.00 to $8.50. They now have an "underweight" rating on the stock.MarketBeat
- WalkMe Cements Category Leadership with Continued AI Innovation, Industry Recognition, and Financial GrowthGlobeNewswire
- LILT Announces V3.5 Translation Models with Improved Quality [Yahoo! Finance]Yahoo! Finance
WKME
Earnings
- 2/21/24 - Beat
WKME
Sec Filings
- 3/18/24 - Form S-8
- 3/18/24 - Form 20-F
- 2/21/24 - Form 6-K
- WKME's page on the SEC website