Workiva Inc (WK) Releases Earnings Results, Beats Expectations By $0.14 EPS

Workiva Inc (WK) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $-0.20 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.14. Analysts had a consensus of $-0.34. The company posted revenue of $43.00 million in the period, compared to analysts expectations of $42.07 million. The company’s revenue was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.21 EPS.

Workiva Inc closed down -0.37 points or -2.59% at $13.91 with 93,163 shares getting traded on Tusday. Post opening the session at $14.21, the shares hit an intraday low of $13.63 and an intraday high of $14.35 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Jul 18, 2016, Joseph H. Howell (Executive VP) sold 1,508 shares at $14.02 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.

Workiva Inc

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