secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001445305-24-000142
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva Q3 revenue $186M (+17% YoY), beats guidance; raises FY 2024 outlook
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000142/0001445305-24-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000142/wk-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001445305-24-000142

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