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Workiva Inc. - WK STOCK NEWS

Welcome to our dedicated page for Workiva news (Ticker: WK), a resource for investors and traders seeking the latest updates and insights on Workiva stock.

Workiva Inc. (NYSE: WK) is a leading provider of cloud-based software solutions that simplify the complexities of reporting and compliance for enterprises. Headquartered in Ames, Iowa, Workiva’s flagship product, Wdesk, is a productivity platform that enables organizations to collect, link, report, and analyze business data with unparalleled control and accountability. The platform integrates proprietary word processing, spreadsheet, and presentation applications built upon a robust data management engine, ensuring synchronized data, controlled collaboration, granular permissions, and a comprehensive audit trail.

Currently serving over 6,000 organizations globally, including more than 65% of the Fortune 500, Workiva helps mitigate enterprise risk, improve productivity, and enable real-time decision-making. The platform is versatile, supporting a wide range of reporting requirements, from SEC filings to risk and compliance management.

Workiva’s platform is renowned for connecting and transforming data from a multitude of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, along with other third-party cloud and on-premise applications. This capability allows users to create, review, and publish data-linked documents and reports with higher control, consistency, accuracy, and productivity.

Recent achievements include Workiva’s collaborative efforts in the realm of Environmental, Social, and Governance (ESG) reporting. The company has hosted webinars and podcasts with industry leaders to explore the evolving landscape of ESG regulations and integrated reporting. Noteworthy discussions include the value of collaboration in ESG with executives from Nike and the New York Stock Exchange, and the role of ESG controllers in bridging finance and sustainability with Mastercard.

Workiva employs over 1,000 people across 15 cities worldwide, demonstrating a significant global presence. The company continues to innovate, recently hosting a webinar in partnership with PwC to discuss the 2024 Executive Benchmark on Integrated Reporting, reflecting its commitment to staying ahead of reporting regulations and providing its customers with leading-edge solutions.

For more information, visit workiva.com.

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Workiva released an episode of ESG Talk featuring Kristen Siemen, former chief sustainability officer at General Motors, discussing GM's integration of electrification, sustainability, and innovation into its corporate culture. The episode, recorded before Siemen's departure from GM, is available on Apple, Spotify, and YouTube. ESG Talk is produced by Workiva, a company providing unified platform solutions for financial reporting, ESG, audit, and risk management.

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Deloitte and Workiva have launched four new sustainability-focused accelerators to streamline compliance with the EU's Corporate Sustainability Reporting Directive (CSRD). The new tools include a CSRD Double Materiality Accelerator, Financed Emissions Calculator, ESRS Mapping Accelerator, and Activity Log Analyzer.

These accelerators, available in the Workiva Marketplace, are designed to enhance ESG reporting capabilities by helping organizations with double materiality assessments, Scope 3 greenhouse gas calculations, regulatory gap assessments, and workflow tracking. According to Workiva's research, 88% of institutional investors prioritize companies that effectively integrate financial and ESG data.

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Colgate-Palmolive leaders Ann Tracy (Chief Sustainability Officer) and Lauren Richardson (Chief Procurement Officer) appeared on ESG Talk with Alyssa Zucker to discuss sustainability in the consumer packaged goods industry. The discussion highlights Colgate-Palmolive's achievement as the first multinational consumer company to receive Science Based Targets initiative (SBTi) approval for net-zero goals. The conversation explores how collaboration and innovation drive their sustainability initiatives.

The podcast episode is available on Apple, Spotify, and YouTube, hosted by Workiva, a unified platform for financial reporting, ESG, audit, and risk management.

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Workiva has released a research report during Climate Week NYC examining companies' preparedness for the Corporate Sustainability Reporting Directive (CSRD) and practitioners' perspectives. The findings were discussed in a crossover episode featuring ESG Talk host Mandi McReynolds, Off the Books host Steve Soter, and Workiva Industry Principals Alyssa Zucker and Esther Toth. The episode is available on Apple, Spotify, and YouTube platforms.

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Workiva (NYSE: WK) has announced its Q3 2024 financial results, highlighting a 17% YoY revenue growth to $186 million, driven by a 19% increase in subscription and support revenue to $171 million. The company reported a GAAP net loss of $17 million, significantly improved from $56 million in Q3 2023. Non-GAAP net income was $12 million, up from a loss of $35 million. Workiva's gross profit was $142 million with a 76.5% margin. The company also raised its full-year 2024 revenue guidance to $733-$735 million. Key metrics include a 23% increase in customers with annual contract value (ACV) over $100K, and 28% growth in customers with ACV over $500K. The company has $776 million in cash and marketable securities as of September 30, 2024.

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Whole Foods Market showcases its sustainability initiatives in a new episode of ESG Talk, hosted by Alyssa Zucker and featuring Caitlin Leibert, VP of sustainability. The discussion centers on the company's 2023 Impact Report, exploring how technology, supply chain engagement, and industry partnerships drive their sustainability strategy. The episode highlights Whole Foods' commitment to responsible stewardship, sustainable sourcing, and transparency.

The podcast is produced by Workiva, provider of a unified platform for financial reporting, ESG, audit, and risk management. The episode is available on Apple, Spotify, and YouTube platforms.

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In the latest episode of ESG Talk, Anke Ehlers, managing director of international sustainability at ALDI SOUTH Group, discusses the Corporate Sustainability Due Diligence Directive (CSDDD) with Andie Wood from Workiva. The conversation focuses on the implications of this new regulation for European companies and ALDI SOUTH's preparation strategies.

The podcast is available on Apple, Spotify, and YouTube. ESG Talk is sponsored by Workiva, a unified platform for financial reporting, ESG, audit, and risk management. For more information, visit workiva.com.

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Workiva hosted a special episode of ESG Talk at Amplify Americas, featuring a panel discussion moderated by CNBC's Ron Insana. The panel included industry leaders from Duke Energy, Pie Insurance, KPMG, and Workiva, who explored how reporting professionals can use data and cross-functional collaboration to navigate the rapidly changing ESG landscape.

The episode, titled 'Data-Driven Change: Navigating ESG Challenges With the C-Suite', is available on Apple, Spotify, and YouTube. Workiva, the sponsor of ESG Talk, offers the world's only unified platform for financial reporting, ESG, audit, and risk management. Listeners can learn more about Workiva's solutions at workiva.com.

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Workiva Inc. (NYSE:WK), the leading cloud platform for assured, integrated reporting, has announced the date for its third quarter 2024 financial results release. The company will disclose its financial performance for the quarter ending September 30, 2024, after the market closes on November 6, 2024. Following the release, Workiva will host a conference call and live webcast to discuss the results, scheduled to begin at 5 p.m. Eastern Time (21:00 GMT) on the same day. Investors and interested parties can access the webcast through the company's investor relations website at https://investor.workiva.com. The event will be archived and available for replay shortly after the call, providing an opportunity for those unable to attend live to review the discussion.

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In the latest episode of ESG Talk, host Andie Wood welcomes Tom Rayner, founder of Sillion, and Ian Plummer, commercial director of Auto Trader Group, to discuss the sustainability skills gap and share insights on implementing a carbon literacy program. The episode focuses on practical advice and lessons learned from successfully training over 1,000 professionals in sustainability skills.

The podcast, brought to you by Workiva, is available on Apple, Spotify, and YouTube. Workiva offers the world's only unified platform for financial reporting, ESG, audit, and risk management. Listeners can learn more about Workiva's solutions at workiva.com.

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FAQ

What is the current stock price of Workiva (WK)?

The current stock price of Workiva (WK) is $95.62 as of November 22, 2024.

What is the market cap of Workiva (WK)?

The market cap of Workiva (WK) is approximately 5.2B.

What is Workiva Inc.?

Workiva Inc. is a cloud-based software company that simplifies reporting and compliance for enterprises.

What is Wdesk?

Wdesk is Workiva’s flagship productivity platform that helps organizations collect, link, report, and analyze business data.

Who uses Workiva’s platform?

Over 6,000 organizations globally, including more than 65% of the Fortune 500, use Workiva’s platform.

What industries does Workiva serve?

Workiva serves various industries, providing solutions for SEC filings, risk and compliance management, and more.

How does Workiva help with ESG reporting?

Workiva hosts webinars and podcasts to explore ESG regulations and integrated reporting, partnering with industry leaders.

Where is Workiva headquartered?

Workiva is headquartered in Ames, Iowa.

How many employees does Workiva have?

Workiva employs over 1,000 people across 15 cities worldwide.

What recent collaborations has Workiva undertaken?

Recent collaborations include discussions with Nike and the New York Stock Exchange on ESG, and a webinar with PwC on reporting regulations.

What are the benefits of using Workiva’s platform?

Workiva’s platform ensures synchronized data, controlled collaboration, granular permissions, and a comprehensive audit trail.

How can I learn more about Workiva?

You can learn more about Workiva by visiting their website at workiva.com.

Workiva Inc.

NYSE:WK

WK Rankings

WK Stock Data

5.22B
49.67M
3.65%
92.53%
4.58%
Software - Application
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United States of America
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