earnings
confidence high
sentiment positive
materiality 0.75
Workiva Q3 revenue $112.7M (+27.9% YoY); raises FY2021 guidance
WORKIVA INC
2021-Q3 EPS reported
-$0.46
revenue$322,502,000
- Subscription & support revenue $98.9M, up 30.4% YoY; total revenue beat guidance.
- GAAP net loss improved to $0.13 per share from $0.21; non-GAAP net income $0.17 basic.
- Customers with ACV >$150k grew 41% YoY to 541; revenue retention rate (incl add-on) 111.1%.
- Full-year revenue guidance raised to $439-440M; non-GAAP operating income guided to $15-16M.
- Acquired OneCloud iPaaS on July 30 to expand integration capabilities (deal value not disclosed).