Workiva (WK) Tops Q2 EPS by 3c

Workiva (NYSE: WK) reported Q2 EPS of ($0.21), $0.03 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $34 million versus the consensus estimate of $33.11 million.

Workiva sees Q3 2015 EPS of $0.36-$0.37. Workiva sees Q3 2015 revenue of $35.1-35.6 million.

Workiva sees FY2015 EPS of $0.90-$0.95. Workiva sees FY2015 revenue of $141.5-143 million, versus prior guidance of $140.5-142.5 million.

"We had a strong second quarter with 28% revenue growth over the same quarter last year," said Matt Rizai, Chairman and Chief Executive Officer of Workiva. "We continued to add Wdesk customers and seats across all of our solutions, including Sarbanes-Oxley (SOX) and SEC compliance, risk processes and management reporting."

"We now have more than 200 SOX customers, which indicates our growth in a market that spans across organizations," Rizai added. "The unique capabilities of Wdesk that appeal to the SOX market are also attracting many new users to our platform who work in the areas of Governance, Risk and Compliance (GRC), including related policies and procedures, audit, and risk and controls management."

For earnings history and earnings-related data on Workiva (WK) click here.

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