secwatch.observer — SEC 8-K summary
======================================

Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001445305-23-000165
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva Q3 revenue up 19% to $158.2M; subscription revenue +21% YoY; large contract customers up 38%
--------------------------------------------------------------------------------

- Subscription & support revenue $143M (+21% YoY); total revenue $158.2M (+19% YoY).
- GAAP net loss $56M ($1.04/sh) vs $30M loss a year ago; non-GAAP net loss $35M ($0.65/sh).
- Customers with ACV >$300K grew 38% to 296; net revenue retention including add-ons rose to 112% from 107%.
- Issued $702M of 1.250% convertible notes due 2028; used proceeds to repurchase $273.8M of 2026 notes.
- Q4 2023 revenue guidance $164-165M; full-year revenue $627-628M; non-GAAP operating income expected $3-4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530523000165/0001445305-23-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530523000165/wk-20231030.htm
  HTML page:      https://secwatch.observer/filing/0001445305-23-000165

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