Latest news with #Workiva
Yahoo
30-05-2025
- Business
- Yahoo
Finance and HR Software Stocks Q1 Highlights: Workiva (NYSE:WK)
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how finance and hr software stocks fared in Q1, starting with Workiva (NYSE:WK). Organizations are constantly looking to improve organizational efficiencies, whether it is financial planning, tax management or payroll. Finance and HR software benefit from the SaaS-ification of businesses, large and small, who much prefer the flexibility of cloud-based, web-browser delivered software paid for on a subscription basis than the hassle and expense of purchasing and managing on-premise enterprise software. The 13 finance and hr software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.4% while next quarter's revenue guidance was 1.1% below. In light of this news, share prices of the companies have held steady as they are up 4.6% on average since the latest earnings results. Founded in 2010, Workiva (NYSE:WK) offers software as a service product that makes financial and compliance reporting easier, especially for publicly traded corporations. Workiva reported revenues of $206.3 million, up 17.4% year on year. This print exceeded analysts' expectations by 1.1%. Overall, it was a satisfactory quarter for the company with an impressive beat of analysts' EBITDA estimates but EPS guidance for next quarter missing analysts' expectations significantly. The stock is down 10.4% since reporting and currently trades at $66.53. Is now the time to buy Workiva? Access our full analysis of the earnings results here, it's free. Originally created to process international tuition payments for universities, Flywire (NASDAQ:FLYW) is a cross border payments processor and software platform focusing on complex, high-value transactions like education, healthcare and B2B payments. Flywire reported revenues of $133.5 million, up 17% year on year, outperforming analysts' expectations by 5%. The business had a very strong quarter with a solid beat of analysts' EBITDA estimates and revenue guidance for next quarter meeting analysts' expectations. Flywire scored the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 9.8% since reporting. It currently trades at $11.03. Is now the time to buy Flywire? Access our full analysis of the earnings results here, it's free. Holding close ties to American Express, Global Business Travel (NYSE:GBTG) is a comprehensive travel and expense management services provider to corporations worldwide. Global Business Travel reported revenues of $621 million, up 1.8% year on year, falling short of analysts' expectations by 1.9%. It was a softer quarter as it posted full-year EBITDA guidance missing analysts' expectations. Global Business Travel delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 9.8% since the results and currently trades at $6.21. Read our full analysis of Global Business Travel's results here. Founded by CEO Jason Gardner in 2009, Marqeta (NASDAQ:MQ) is an innovative card issuer that provides companies with the ability to issue and process virtual, physical, and tokenized credit and debit cards. Marqeta reported revenues of $139.1 million, up 17.9% year on year. This number topped analysts' expectations by 2.4%. It was a strong quarter as it also put up an impressive beat of analysts' EBITDA estimates and a narrow beat of analysts' total payment volume estimates. Marqeta scored the fastest revenue growth among its peers. The stock is up 29.7% since reporting and currently trades at $5.31. Read our full, actionable report on Marqeta here, it's free. Created from the merger of two small workforce management companies in 2007, Asure (NASDAQ:ASUR) provides cloud based payroll and HR software for small and medium-sized businesses (SMBs). Asure reported revenues of $34.85 million, up 10.1% year on year. This result beat analysts' expectations by 1.7%. More broadly, it was a satisfactory quarter as it also produced a solid beat of analysts' EBITDA estimates. The stock is down 2.6% since reporting and currently trades at $9.52. Read our full, actionable report on Asure here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. 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
Business Wire
29-05-2025
- Business
- Business Wire
Workiva Welcomes SaaS Executive Astha Malik as New Board Director
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK) the platform that powers transparency, accountability, and trust, today announced the appointment of Astha Malik, Chief Business Officer of Braze, Inc. (Nasdaq:BRZE), to its board of directors. Malik is a seasoned leader with over 25 years of experience driving growth, building category-defining brands, and scaling go-to-market operations for high-growth SaaS companies. At Braze, she leads diverse teams, encompassing corporate strategy, growth engineering, operations, marketing, strategic consulting and education. Before accepting her role at Braze, she served as Chief Operating Officer at VTEX Inc. and held executive positions at Zendesk, Citrix, Sumo Logic, and PagerDuty. 'Astha's experience scaling innovative B2B companies, combined with her deep understanding of go-to-market strategy and operational excellence, makes her a valuable addition to our board,' said Julie Iskow, Workiva President & Chief Executive Officer. 'Her insights will be instrumental as we continue to evolve as a platform company and deliver exceptional value to our customers.' Malik has been recognized as a leader among her peers, including being named to the Forbes' list of the Top 50 Entrepreneurial CMOs. She holds a Master of Science in Finance from Florida International University (Chapman Graduate School of Business). She earned her master's degree with highest distinction and was awarded a Director's Award for academic excellence. "Joining Workiva's board presents an unparalleled opportunity to shape the future of integrated reporting and connected data for organizations around the world," Malik stated. "Workiva's commitment to transparency, accountability, and trust, brought to life by its AI-powered platform, perfectly aligns with the evolving demands from executives for enterprise software. I am looking forward to working with Julie and the Workiva team to accelerate their impact." Malik's appointment is effective today, maintaining seven members on Workiva's board of directors. For more information about Workiva's board, visit here. 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
Yahoo
29-05-2025
- Business
- Yahoo
Workiva Welcomes SaaS Executive Astha Malik as New Board Director
NEW YORK, May 29, 2025--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK) the platform that powers transparency, accountability, and trust, today announced the appointment of Astha Malik, Chief Business Officer of Braze, Inc. (Nasdaq:BRZE), to its board of directors. Malik is a seasoned leader with over 25 years of experience driving growth, building category-defining brands, and scaling go-to-market operations for high-growth SaaS companies. At Braze, she leads diverse teams, encompassing corporate strategy, growth engineering, operations, marketing, strategic consulting and education. Before accepting her role at Braze, she served as Chief Operating Officer at VTEX Inc. and held executive positions at Zendesk, Citrix, Sumo Logic, and PagerDuty. "Astha's experience scaling innovative B2B companies, combined with her deep understanding of go-to-market strategy and operational excellence, makes her a valuable addition to our board," said Julie Iskow, Workiva President & Chief Executive Officer. "Her insights will be instrumental as we continue to evolve as a platform company and deliver exceptional value to our customers." Malik has been recognized as a leader among her peers, including being named to the Forbes' list of the Top 50 Entrepreneurial CMOs. She holds a Master of Science in Finance from Florida International University (Chapman Graduate School of Business). She earned her master's degree with highest distinction and was awarded a Director's Award for academic excellence. "Joining Workiva's board presents an unparalleled opportunity to shape the future of integrated reporting and connected data for organizations around the world," Malik stated. "Workiva's commitment to transparency, accountability, and trust, brought to life by its AI-powered platform, perfectly aligns with the evolving demands from executives for enterprise software. I am looking forward to working with Julie and the Workiva team to accelerate their impact." Malik's appointment is effective today, maintaining seven members on Workiva's board of directors. For more information about Workiva's board, visit here. 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 View source version on Contacts Media Inquiries:Mandi McReynoldspress@
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
