earnings
confidence high
sentiment negative
materiality 0.75
Workiva Q1 revenue $129.7M (+24.4% YoY); GAAP EPS loss $0.35 vs $0.15
WORKIVA INC
2022-Q1 EPS reported
-$0.35
revenue$129,674,000
- Total revenue $129.7M, up 24.4% YoY; subscription & support revenue $107.1M, up 26.1%.
- GAAP net loss $18.5M ($0.35 loss per share) vs $7.3M loss ($0.15) in Q1 2021.
- Non-GAAP net loss $2.5M ($0.05 loss per share) vs non-GAAP net income of $6.6M ($0.13) a year ago.
- Customer count 4,408 (+608 YoY); 1,124 customers with ACV >$100K, up 27% YoY.
- Acquired ParsePort on Apr 1, 2022; guidance: FY2022 revenue $534-536M, Q2 revenue $125.5-126.5M.