secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001445305-23-000097
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva Q1 revenue $150.2M (+16% YoY); subscription rev up 21%; GAAP net loss $0.86/share
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- Total Q1 revenue $150.2M (+16% YoY); subscription & support revenue $129.7M (+21%).
- GAAP net loss $46.2M ($0.86/share) vs loss of $18.5M ($0.35) in Q1 2022.
- Non-GAAP net loss $6.6M ($0.12/share) vs loss of $2.5M ($0.05) in Q1 2022.
- Customers with ACV >$150K grew 24% YoY; revenue retention rate 98% (excl. add-ons).
- Q2 2023 guidance: revenue $153-154M; FY2023 rev guidance $626-628M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530523000097/0001445305-23-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530523000097/wk-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001445305-23-000097

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