Workiva (WK) Tops Q2 EPS by 9c, Revenues Beat; Reinstates 3Q & FY20 EPS/Revenue Guidance Above Consensus

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Workiva Announces Second Quarter 2020 Financial Results

August 4, 2020 4:15 PM EDT

Q2 Subscription and Support Revenue of $70.7 Million, up 16.9% from Q2 2019

Q2 Total Revenue of $83.9 Million, up 14.1% from Q2 2019

AMES, Iowa--(BUSINESS WIRE)-- Workiva Inc. (NYSE: WK), provider of the worlds leading connected reporting and compliance platform, today announced financial results for its second quarter ended June 30, 2020.

"Despite challenges from the COVID-19 pandemic, we are pleased with our second quarter 2020 financial results, which exceeded guidance for revenue and operating results," said Marty Vanderploeg, Chief Executive Officer.

"We are reinstating guidance for full year 2020... More