secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001445305-24-000106
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000106/0001445305-24-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000106/wk-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001445305-24-000106

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