earnings
confidence high
sentiment positive
materiality 0.80
Workiva Q3 revenue $186M (+17% YoY), beats guidance; raises FY 2024 outlook
WORKIVA INC
2024-Q3 EPS reported
-$0.84
revenue$538,791,000
- Q3 total revenue $186M (+17% YoY); subscription & support revenue $171M (+19% YoY).
- GAAP net loss narrowed to $17M ($0.31/sh) from $56M loss ($1.04/sh) a year ago.
- Non-GAAP net income $12M ($0.22 basic EPS) vs non-GAAP net loss of $35M in Q3 2023.
- Raised FY 2024 revenue guidance to $733-735M (up $6M); Q4 guidance $194-196M.
- Customers with ACV >$500K grew 28% YoY to 166; total customers 6,237 (+292 YoY).