Revenue Update on Workiva Inc(NYSE:WK)

Workiva Inc(NYSE:WK) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $43.01M. Analysts estimated a revenue of $42.07M. Earnings per share were $-0.20. Analysts had estimated an EPS of $-0.34.

Workiva Inc (WK) made into the market gainers list on Fridays trading session with the shares advancing 0.12% or 0.02 points. Due to strong positive momentum, the stock ended at $16.32, which is also near the day’s high of $16.4699. The stock began the session at $16.32 and the volume stood at 66,522 shares. The 52-week high of the shares is $18.8 and the 52 week low is $10.915. The company has a current market capitalization of $670 M and it has 4,10,58,710 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jul 18, 2016, Joseph H. Howell (Executive VP) sold 1,508 shares at $14.02 per share price.Also, 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.

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