Workiva (WK) Tops Q3 EPS by 11c, Revenues Beat; Offers FY18 EPS/Revenue Guidance Above Consensus

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Go back to Workiva (WK) Tops Q3 EPS by 11c, Revenues Beat; Offers FY18 EPS/Revenue Guidance Above Consensus

Workiva Announces Third Quarter 2018 Financial Results

November 7, 2018 4:15 PM EST

Q3 Subscription and Support Revenue of $51.3 million, Up 18.7% from Q3 2017

Q3 Total Revenue of $60.9 million, Up 16.9% from Q3 2017

AMES, Iowa--(BUSINESS WIRE)-- Workiva Inc. (NYSE: WK), a leader in data collaboration, reporting and compliance solutions, today announced financial results for its third quarter ended September30, 2018.

We posted strong results in the third quarter of 2018, highlighted by an 18.7% increase in subscription and support revenue, said Marty Vanderploeg, President and Chief Executive Officer of Workiva. Operating margin improved significantly in the quarter, and we outperformed our guidance... More