secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001445305-24-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva Q4 subscription revenue up 18% to $149M; guides FY24 revenue $718-$722M
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- Q4 total revenue $167M (+16% YoY); subscription revenue $149M (+18% YoY)
- Q4 GAAP net loss narrowed to $4M ($0.08) from $14M ($0.26) YoY; non-GAAP net income $18M ($0.30 diluted)
- FY23 operating cash flow $71M (record); subscription revenue $559M (+20% YoY)
- Customers with ACV >$300K up 32% to 311; revenue retention including add-on 110%
- Q1 2024 revenue guidance $173-$175M; FY2024 revenue guidance $718-$722M

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000020/0001445305-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000020/wk-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001445305-24-000020

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