Workiva Beats Expectations with Q3 Earnings

Workiva Incorporated, an Ames, Iowa-based software company, reported robust third-quarter financial results, surpassing Wall Street expectations. The companys net income reached two point eight million dollars, or five cents per share, and adjusted earnings per share climbed to fifty-five cents, significantly exceeding analysts predictions of thirty-eight cents. Workivas revenue also impressed, with two hundred twenty-four point two million dollars, outpacing the average forecast of two hundred nineteen point one million dollars. The company provided optimistic guidance for the current quarter and the entire fiscal year, projecting earnings per share between sixty-seven and seventy cents, and total revenue between two hundred thirty-four million and two hundred thirty-six million dollars for the quarter, and between eight hundred eighty million and eight hundred eighty-two million dollars for the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.