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Stock impact report

Spotting Winners: Workiva (NYSE:WK) And Finance and HR Software Stocks In Q4 [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
Organizations are constantly looking to improve organizational efficiencies, whether it is financial planning, tax management or payroll. Finance and HR software benefit from the SaaS-ification of businesses, large and small, who much prefer the flexibility of cloud-based, web-browser delivered software paid for on a subscription basis than the hassle and expense of purchasing and managing on-premise enterprise software. The 14 finance and HR software stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was 1.5% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 17.1% since the latest earnings results. Founded in 2010, Workiva (NYSE:WK) offers software as a service product that makes financial and compliance reporting easier, especially for publicly traded corporations. Workiva reported revenues of $199.9 million, up 19.9% year on year. Show less Read more
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