Workiva (NYSE:WK) issued its quarterly earnings results on Thursday. The software maker reported ($0.34) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.37) by $0.03, Bloomberg Earnings reports. The business had revenue of $54.51 million for the quarter, compared to analysts’ expectations of $53.28 million. The company’s revenue was up 17.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.09) EPS. Workiva updated its Q1 guidance to (0.19-0.20) EPS and its FY18 guidance to (0.77-0.82) EPS.
Workiva (NYSE:WK) traded down $3.85 on Friday, hitting $22.20. 2,008,114 shares of the company were exchanged, compared to its average volume of 213,508. The company has a debt-to-equity ratio of -1.29, a quick ratio of 0.90 and a current ratio of 0.90. Workiva has a 52 week low of $13.30 and a 52 week high of $26.75. The stock has a market cap of $899.37, a PE ratio of -23.10 and a beta of 0.63.
In related news, major shareholder Jerome M. Behar sold 75,000 shares of Workiva stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $24.44, for a total transaction of $1,833,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Jerome M. Behar sold 31,000 shares of Workiva stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $25.72, for a total transaction of $797,320.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 251,923 shares of company stock worth $6,004,525. 33.29% of the stock is owned by corporate insiders.
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Workiva Company Profile
Workiva Inc provides enterprises with cloud solutions for improving productivity, accountability and insight into business data. The Company created Wdesk, a collaborative work management platform for organizations to collect, link, report and analyze their business data. Wdesk’s word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail.
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