secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001445305-22-000109
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva Q2 revenue up 24.6% to $131.5M, but GAAP net loss widens to $28.9M
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- Total Q2 revenue $131.5M (+24.6% YoY); subscription & support revenue $113.4M (+24.3% YoY).
- GAAP net loss $28.9M (EPS -$0.55) vs loss $9.5M (EPS -$0.19) in Q2 2021.
- Non-GAAP net loss $9.0M (EPS -$0.17) vs net income $3.8M (EPS $0.07) a year ago.
- Customers 5,381 (+1,432 YoY, incl. ~850 from ParsePort acquisition). Revenue retention rate 97.9%.
- Q3 revenue guidance $132-133M; full-year $534-536M. Non-GAAP operating profit expected by H2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530522000109/0001445305-22-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530522000109/wk-20220809.htm
  HTML page:      https://secwatch.observer/filing/0001445305-22-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer