Workiva's Q3 Earnings Highlights: EPS Misses by $0.02, Revenue Beats by $2.78M

Thursday, 1 August 2024, 21:09

Workiva announced its latest earnings report, revealing a Non-GAAP EPS of $0.16, which fell short of expectations by $0.02. However, the company reported revenue of $178 million, exceeding market predictions by $2.78 million. This mixed earnings announcement highlights the ongoing challenges in meeting profit expectations despite strong revenue growth. Overall, the results indicate a resilient business performance amidst competitive pressures.
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Workiva's Q3 Earnings Highlights: EPS Misses by $0.02, Revenue Beats by $2.78M

Workiva's Q3 Earnings Overview

Workiva posted its financial results for the third quarter, showing mixed performance indicators.

Key Financial Metrics

  • Non-GAAP EPS: $0.16, which missed expectations by $0.02
  • Revenue: $178 million, which beat projections by $2.78 million

Conclusion

Despite the earnings per share miss, the robust revenue suggests that Workiva continues to perform well in the marketplace.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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