earnings
confidence high
sentiment positive
materiality 0.80
Workiva Q2 revenue $105.6M (+25.9% YoY); raises FY21 revenue guidance to $430-432M
WORKIVA INC
2021-Q2 EPS reported
-$0.33
revenue$209,809,000
- Subscription & support revenue $91.2M (+29% YoY); total gross margin 76.7% vs 73.5%.
- GAAP net loss $9.5M ($0.19 loss per share); non-GAAP net income $3.8M ($0.07 per share).
- Customers with ACV >$150K grew 46% YoY to 500; overall revenue retention rate 111.6% including add-ons.
- Acquired OneCloud, an iPaaS company, on July 30, 2021.
- Q3 2021 revenue guided $108-109M; FY21 revenue guidance raised to $430-432M from prior range.