Workiva Inc (WK) reported quarterly earnings results on Wednesday, May-4-2016. The company said it had a profit of $-0.21 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $-0.27. The company posted revenue of $44.60 million in the period, compared to analysts expectations of $42.65 million. The company’s revenue was up 26.7% compared to the same quarter last year.
Workiva Inc opened for trading at $12.06 and hit $12.215 on the upside on Monday, eventually ending the session at $12.09, with a gain of 1.51% or 0.18 points. The heightened volatility saw the trading volume jump to 2,32,248 shares. Company has a market cap of $495 M.
In a different news, on Feb 2, 2016, Joseph H. Howell (Executive VP) sold 24,000 shares at $14.25 per share price. According to the SEC, on Mar 18, 2015, Eugene S Katz (director) purchased 200 shares at $13.25 per share price.
Workiva Inc. is a data company. The Company created Wdesk a cloud-based platform for enterprises to collect manage report and analyze business data in real time. Wdesk word processing spreadsheet and presentation applications are integrated and built upon the Workiva data management engine. Wdesk allows users to define automate and change their business processes in real time for what they need when they need it with little or no involvement from information technology personnel. Its proprietary data engine which includes live-linking technology enables users to automatically propagate any changes to data including numbers text charts and graphics across every instance in which that data appears in the Wdesk workspace. Live-linking technology allows customers to use trusted data to more accurately produce and update business reports. Wdesk provides accountability and transparency through a detailed audit trail that tracks every change made by any user over time.