Workiva Q2 revenue $255M (+19% YoY), GAAP EPS $0.24, non-GAAP EPS $0.80; raises FY margin target to 18%

WORKIVA INC

Revenue $255M (+19% YoY); subscription & support $236M (+19%).
GAAP net income $13M vs loss $19M YoY; GAAP EPS $0.24 vs -$0.35.
Non-GAAP operating margin 16.8% (beat high end by 180 bps), up from 3.8% YoY.
Customers 6,750 (+283 YoY); net retention 111%; ACV >$100K customers up 20%.
Repurchased $123M of stock in Q2; $106M remaining; FY non-GAAP op margin target ~18% (a year early).

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