Latest news with #JillKlindt
Business Wire
28-05-2025
- Business
- Business Wire
Workiva Inc. to Participate in Upcoming Investor Conferences
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the platform that powers transparency, accountability, and trust, today announced its participation at the following events: William Blair 45th Annual Growth Stock Conference: Jill Klindt, CFO, and Mike Rost, Chief Strategy Officer, will present on June 4, 2025 at 4:20 p.m. ET. Baird 2025 Global Consumer, Technology & Services Conference: Julie Iskow, CEO, will present on June 5th at 2:00 p.m. ET. The events will be webcast live and a recording will be available for a limited time under the 'News and Events' section on Workiva's Investor Relations website. About Workiva Workiva Inc. (NYSE: WK) powers transparency, accountability, and trust. Finance, accounting, sustainability, risk and audit teams from more than 6,000 organizations worldwide rely on Workiva for their mission-critical work. We transform how customers connect data, unify processes, and empower teams in a secure, audit-ready, AI-powered collaborative platform. Learn more at Follow Workiva on LinkedIn Like Workiva on Instagram
Yahoo
28-05-2025
- Business
- Yahoo
Workiva Inc. to Participate in Upcoming Investor Conferences
NEW YORK, May 28, 2025--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the platform that powers transparency, accountability, and trust, today announced its participation at the following events: William Blair 45th Annual Growth Stock Conference: Jill Klindt, CFO, and Mike Rost, Chief Strategy Officer, will present on June 4, 2025 at 4:20 p.m. ET. Baird 2025 Global Consumer, Technology & Services Conference: Julie Iskow, CEO, will present on June 5th at 2:00 p.m. ET. The events will be webcast live and a recording will be available for a limited time under the "News and Events" section on Workiva's Investor Relations website. About Workiva Workiva Inc. (NYSE: WK) powers transparency, accountability, and trust. Finance, accounting, sustainability, risk and audit teams from more than 6,000 organizations worldwide rely on Workiva for their mission-critical work. We transform how customers connect data, unify processes, and empower teams in a secure, audit-ready, AI-powered collaborative platform. Learn more at Follow Workiva on LinkedIn Like Workiva on Instagram View source version on Contacts Investor Inquiries: Katie Whiteinvestor@ Media Inquiries: Mandi McReynoldspress@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
WK Q1 Earnings Call: Management Cites Platform Differentiation Amid Macroeconomic Caution
Financial and compliance reporting software company Workiva (NYSE:WK) announced better-than-expected revenue in Q1 CY2025, with sales up 17.4% year on year to $206.3 million. The company expects next quarter's revenue to be around $209 million, close to analysts' estimates. Its non-GAAP profit of $0.14 per share was 99.2% above analysts' consensus estimates. Is now the time to buy WK? Find out in our full research report (it's free). Revenue: $206.3 million vs analyst estimates of $204.1 million (17.4% year-on-year growth, 1.1% beat) Adjusted EPS: $0.14 vs analyst estimates of $0.07 (99.2% beat) Adjusted Operating Income: $4.99 million vs analyst estimates of $241,200 (2.4% margin, significant beat) The company reconfirmed its revenue guidance for the full year of $866 million at the midpoint Management reiterated its full-year Adjusted EPS guidance of $1.06 at the midpoint Operating Margin: -12%, down from -10.4% in the same quarter last year Free Cash Flow was -$8.12 million, down from $43.16 million in the previous quarter Customers: 6,385, up from 6,305 in the previous quarter Net Revenue Retention Rate: 110%, down from 112% in the previous quarter Annual Recurring Revenue: $742 million at quarter end, up 19.7% year on year Billings: $190.6 million at quarter end, up 21.6% year on year Market Capitalization: $4 billion Workiva's Q1 results were driven by continued broad-based demand for its portfolio of solutions across governance, risk and compliance, financial reporting, and sustainability management. CEO Julie Iskow pointed to a notable increase in large contract wins and multi-solution deals, highlighting the company's ability to serve evolving customer needs. She stated that, despite a more cautious buying environment towards the end of the quarter, "CFOs trust Workiva to be the platform that drives performance and productivity for their current requirements and prepares them for their next digital, financial and operational transformations." Looking ahead, management reconfirmed its full-year guidance, emphasizing a measured approach due to persistent macroeconomic and regulatory uncertainty. CFO Jill Klindt explained, "We remain confident in our long-term market opportunity and growth strategy," but acknowledged that slower bookings and more thoughtful customer spending could impact free cash flow for the remainder of the year. Management indicated continued investment in platform innovation and go-to-market capabilities, aiming to sustain growth despite the evolving environment. Workiva reported broad-based performance in Q1, with key wins across solution categories and geographies. Management focused on the company's ability to adapt to regulatory changes and drive value through its unified platform strategy. Large contract expansion: Workiva saw a notable rise in large contract deals, with contracts over $100,000, $300,000, and $500,000 each growing over 23% year-over-year. This trend was attributed to both expanded sales within existing accounts and new customer acquisitions seeking multiple solutions. Sustainability and regulatory drivers: The company pointed to ongoing demand for sustainability reporting driven by both regulatory requirements, such as the EU's Corporate Sustainability Reporting Directive (CSRD), and voluntary corporate initiatives. Management highlighted that customers are investing in sustainability solutions not just for compliance, but to enhance business performance and stakeholder trust. Geographic demand balance: Growth was described as broad-based across the U.S., Europe, and Asia-Pacific regions. Management noted particular momentum in Europe among large companies facing near-term CSRD deadlines, while in the U.S., buying behavior was described as more cautious due to changing regulatory priorities. Product innovation and platform readiness: Workiva launched new capabilities for SEC Reporting and introduced a Fund Reporting Solution aimed at public funds, including those managing ETFs. The company emphasized its readiness to support regulatory changes, such as the SEC's EDGAR NEXT rollout. Go-to-market evolution: Leadership described ongoing investment in salesforce maturity, including expanded major account teams and refined sales focus. This was presented as a way to drive deeper penetration in both new and existing markets, despite macroeconomic uncertainty. Management's outlook for the upcoming quarters centers on persistent demand for compliance and reporting solutions, tempered by macroeconomic and regulatory caution. The company is prioritizing product innovation and sales execution to support its revenue and profitability targets. Sustained compliance demand: Ongoing changes in global and regional regulations, particularly in sustainability and financial reporting, are expected to drive continued customer adoption of multiple platform solutions. Sales execution and customer expansion: Management is focusing on deeper engagement in existing accounts and targeted new customer acquisition, leveraging product breadth and unified platform value. Macroeconomic headwinds: Leadership acknowledged that a more cautious buying environment and delayed customer decision-making may affect deal timing and free cash flow, and is adopting a balanced approach to guidance as a result. Patrick Schulz (Baird): Asked why management maintained full-year guidance despite a more cautious buying environment; CFO Jill Klindt explained that broad-based Q1 performance and confidence in the company's large addressable market supported this decision. Adam Hotchkiss (Goldman Sachs): Questioned the impact and quantification of the 'soft buying environment'; CEO Julie Iskow clarified that deal cycles are lengthening, but growth expectations remain supported by a large unaddressed market. Steven Enders (Citi): Inquired whether the slowdown was isolated to certain solutions or regions; Iskow replied that demand was broad-based, with no specific area disproportionately affected. Jacob Roberge (William Blair): Sought detail on the sustainability business's adoption cadence after EU regulatory changes; Iskow indicated ongoing opportunity among large European companies still adapting to new CSRD requirements. Andrew DeGasperi (BNP Paribas): Asked about the Fund Reporting Solution's market potential; Iskow described the public funds segment as a sizable adjacent opportunity, citing over 12,000 eligible global funds. Looking forward, the StockStory team will monitor (1) the pace of large contract growth and multi-solution adoption across geographies, (2) Workiva's ability to drive incremental sales in sustainability and fund reporting amid evolving regulations, and (3) the impact of macroeconomic caution on deal cycles and free cash flow. Execution on go-to-market initiatives and product rollouts will also be important markers for sustained growth. Workiva currently trades at a forward price-to-sales ratio of 4.5×. Is the company at an inflection point that warrants a buy or sell? Find out in our free research report. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. 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Yahoo
26-02-2025
- Business
- Yahoo
Workiva Inc. to Participate in Upcoming Investor Conference
NEW YORK, February 26, 2025--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the world's leading cloud platform for assured integrated reporting, today announced its participation at the Raymond James 2025 Institutional Investors Conference. Jill Klindt, CFO, will present on March 3, 2025 at 8:05 a.m. ET. The event will be webcast live and a recording will be available for a limited time under the "News and Events" section on Workiva's Investor Relations website. About WorkivaWorkiva Inc. (NYSE:WK) is on a mission to power transparent reporting for a better world. We build and deliver the world's leading cloud platform for assured integrated reporting to meet stakeholder demands for action, transparency, and disclosure of financial and non-financial data. Workiva offers the only unified SaaS platform that brings customers' financial reporting, sustainability management, and governance, risk, and compliance (GRC) in a controlled, secure, audit-ready platform. Our platform simplifies the most complex reporting and disclosure challenges by streamlining processes, connecting data and teams, and ensuring consistency. Learn more at Follow Workiva on LinkedIn Like Workiva on Instagram View source version on Contacts Investor Inquiries: Katie Whiteinvestor@ Media Inquiries: Mandi McReynoldspress@ Sign in to access your portfolio
Yahoo
31-01-2025
- Business
- Yahoo
Dispatch from Davos: CFOs and CSOs Unite for Sustainable Growth
NORTHAMPTON, MA / ACCESS Newswire / January 31, 2025 / Workiva In this special bonus episode of ESG Talk recorded live at the World Economic Forum in Davos, Mandi McReynolds sits down with Jill Klindt, CFO of Workiva, to discuss the interplay between sustainability and financial performance. They explore how emerging tech like generative AI is revolutionizing regulatory compliance and business processes, the evolving roles of chief sustainability officers, and the importance of integrating non-financial data in achieving company goals. Tune in for insights on sustainable innovation, growth strategies, and the future of ESG reporting. Listen Now Looking for more? Subscribe to the ESG Talk podcast on Apple, Spotify, and YouTube. ESG Talk is brought to you by Workiva, the world's only unified platform for financial reporting, ESG, audit, and risk. Learn more at View additional multimedia and more ESG storytelling from Workiva on Contact Info:Spokesperson: WorkivaWebsite: info@ SOURCE: Workiva View the original press release on ACCESS Newswire Sign in to access your portfolio
