Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
WORKIVA INC reported quarter ended September 30, 2022 results: revenue $132.8 million, net income $29.7 million net loss, EPS $0.56 net loss per basic and diluted share.
- Period
- quarter ended September 30, 2022
- Revenue
- $132.8 million
- Net income
- $29.7 million net loss
- EPS
- $0.56 net loss per basic and diluted share
- Result
- reported results
Exact text from the filing
Third Quarter 2022 Financial Highlights • Revenue: Total revenue for the third quarter of 2022 reached $132.8 million, an increase of 17.9% from $112.7 million in the third quarter of 2021. Subscription and support revenue contributed $118.6 million, up 19.9% versus the third quarter of 2021. Professional services revenue was $14.3 million, an increase of 3.5% compared to the same quarter in the prior year. • Gross Profit: GAAP gross profit for the third quarter of 2022 was $100.4 million compared with $86.3 million in the same quarter of 2021. GAAP gross margin was 75.6% versus 76.6% in the third quarter of 2021. Non-GAAP gross profit for the third quarter of 2022 was $101.8 million, an increase of 16.5% compared with the prior year's third quarter, and non-GAAP gross margin was 76.6% compared to 77.6% in the third quarter of 2021. • Results from Operations: GAAP loss from operations for the third quarter of 2022 was $30.1 million compared with a loss of $8.0 million in the prior year
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