Workiva Q2 revenue $178M (+15% YoY), raises FY2024 guidance, announces $100M buyback

WORKIVA INC

2024-Q2 EPS reported -$0.53 revenue$353,170,000

Q2 total revenue $178M (+15% YoY); subscription & support $161M (+18%).
GAAP net loss $18M ($0.32 loss/share) vs $21M loss a year ago; non-GAAP net income $9M ($0.17/share basic).
Raises FY2024 revenue guidance to $727M-$729M; Q3 guidance $182M-$183M.
Announced $100M share repurchase program; customers with ACV >$300K up 31% YoY to 356.
Improved operating margin: non-GAAP operating income $4M vs loss $1M a year ago.

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