Latest news with #WorkivaInc
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
Yahoo
02-05-2025
- Business
- Yahoo
Workiva Inc (WK) Q1 2025 Earnings Call Highlights: Strong Subscription Growth Amid Cautious Market
Release Date: May 01, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Subscription revenue grew 20% year over year, and total revenue grew 17% year over year, beating the high end of guidance. The number of contracts valued over $100,000 increased 23%, and those over $300,000 and $500,000 increased 32%. Gross margin improved by 100 basis points year over year, increasing to 79%. The company maintained a high gross retention rate of 97%, exceeding the internal target of 96%. Workiva Inc (NYSE:WK) continues to see strong demand for its sustainability solutions, which remain a top booking solution. There are signs of a more cautious buying environment, particularly towards the end of Q1. The uncertainties of regulatory change and new US administration policies have put pressure on booking momentum. Professional services revenue was flat compared to Q1 2024, with declines in setup and consulting services. Net retention rate was impacted by foreign exchange rate headwinds and the year-over-year impact of leap year. The company did not raise its full-year 2025 expectations despite a strong Q1, indicating potential caution in future quarters. Warning! GuruFocus has detected 3 Warning Sign with WK. Q: Can you explain why Workiva maintained its full-year revenue guidance despite a more cautious buying environment? A: Jill Clint, CFO, explained that Workiva had a strong Q1 with 20% subscription revenue growth and expects to maintain this growth for the full year. The company is confident in its long-term market opportunity and growth strategy, supported by a large, relatively unaddressed total addressable market (TAM). Q: How has demand for ESG and sustainability solutions been affected by recent legislative changes? A: Julie Isko, CEO, noted that sustainability remains a top booking solution for Workiva. The recent EU omnibus legislation has brought clarity, and large companies, which are Workiva's target market, continue to report as required. Sustainability initiatives are driven not only by regulation but also by companies' desire to participate in the global supply chain and enhance business performance. Q: How does Workiva view the opportunity in the federal financial consolidation order for CFO Act agencies? A: Julie Isko highlighted that Workiva is well-positioned to benefit from the federal mandate requiring CFO Act agencies to modernize their financial systems. This represents a multi-year opportunity, aligning with Workiva's focus on trust, transparency, and accountability. Q: What is Workiva's approach to pricing and solution expansion in the current market environment? A: Julie Isko emphasized that Workiva focuses on providing value to customers through cross-selling and upselling additional solutions rather than increasing renewal prices. The company aims to optimize pricing while expanding accounts and delivering more value to customers. Q: How is Workiva's go-to-market strategy evolving, and how is it impacted by the macro environment? A: Julie Isko stated that Workiva is maturing its organization by expanding its team of major account sellers and focusing on smaller territories for greater account focus. The company continues to hire experienced platform sellers and refine sales strategies, maintaining its investment in growth despite macroeconomic uncertainties. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
