secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001445305-23-000132
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva Q2 revenue up 18% to $155M; subscription revenue +21% YoY; guides Q3 $155-156M
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- Q2 total revenue $155.0M (+18% YoY); subscription & support $136.8M (+21% YoY).
- GAAP net loss $20.9M ($0.39/share) improved from $28.9M loss ($0.55/share) in Q2 2022.
- Non-GAAP net income $1.2M ($0.02/share) vs loss of $9.0M ($0.17/share) prior year.
- Customers with ACV >$150K up 28% to 823; revenue retention rate (incl. add-on) 111%.
- Q3 2023 revenue guidance $155-156M; full-year revenue guidance $626-628M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530523000132/0001445305-23-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530523000132/wk-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001445305-23-000132

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