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Stock impact report

Workiva Inc (WK) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Advancements [Yahoo! Finance]

Workiva Inc. Class A (WK) 
Last workiva inc. class a earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.workiva.com/investors/overview
Company Research Source: Yahoo! Finance
Professional Services Revenue: $14.6 million, slightly down from Q3 2023. Gross Margin: Improved by 170 basis points to 79%. Operating Profit: $7.6 million, with a 70 basis point improvement in operating margin to 4%. Cash and Marketable Securities: $776 million, an increase of $36 million from Q2 2024. Cash Provided by Operating Activities: $19 million, compared to $15 million in Q3 2023. Customer Count: 6,237 customers, an increase of 292 from Q3 2023. Gross Revenue Retention Rate: Net Revenue Retention Rate: Contracts Over $100,000: 1,926, up 23% from Q3 2023. Contracts Over $300,000: 383, up 29% from Q3 2023. Contracts Over $500,000: 166, up 28% from Q3 2023. Warning! GuruFocus has detected 2 Warning Sign with WK. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Workiva Inc ( NYSE:WK ) reported a strong Q3 performance with subscription revenue growing at 19% and total re Show less Read more
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