Reports Q3 revenue $224M, consensus $218.96M. The company said, “Workiva (WK) delivered another solid quarter, driven by broad-based demand across our solution portfolio and unified platform. We outperformed on both the top and bottom line, and we are raising the FY 2025 guide for both revenue and operating margin. This is the result of our disciplined commitment to productivity and driving measurable improvement to operating leverage in our business. Strong execution across the business led to 23% growth in subscription revenue, compared to 19% growth in Q3 of last year. At the same time, our focus on profitable growth has enabled us to raise our 2025 non-GAAP operating margin target by 400 basis points at the midpoint since the start of the year.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WK:
- WK Earnings this Week: How Will it Perform?
- Workiva price target raised to $100 from $90 at BMO Capital
- Irenic confirms about 2% stake in Workiva, outlines ‘actionable recommendations’
- EA acquired in go-private deal for $55B, Carnival reports Q3 beat: Morning Buzz
- Activist Irenic builds stake in Workiva, pushes for board seats, Reuters says
