Workiva (WK) Tops Q1 EPS by 18c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Below Cosnensus

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Workiva Announces First Quarter 2020 Financial Results

April 30, 2020 4:15 PM EDT

Q1 Subscription and Support Revenue of $68.4 Million, up 21.8% from Q1 2019

Q1 Total Revenue of $85.8 Million, up 22.6% from Q1 2019

AMES, Iowa--(BUSINESS WIRE)-- Workiva (NYSE: WK), provider of the worlds leading connected reporting and compliance platform, today announced financial results for its first quarter ended March 31, 2020.

"We are pleased with our first quarter 2020 financial results, which exceeded guidance for revenue and operating results," said Marty Vanderploeg, Chief Executive Officer of Workiva.

"Despite challenges from COVID-19, we believe we are in a stronger, more flexible... More