trending Market Intelligence /marketintelligence/en/news-insights/trending/zemst2jmy2hfs3uaq77u9q2 content esgSubNav
In This List

Workiva provides '18 guidance

Blog

Fintech Intelligence Digital Newsletter: May 2021

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Fintech Intelligence Digital Newsletter: April 2021


Workiva provides '18 guidance

Workiva Inc. issued outlook for the first quarter and full year 2018.

For the first quarter, the company expects total revenue of $57.3 million to $57.8 million, a GAAP loss from operations of $13.7 million to $14.2 million and a non-GAAP loss from operations of $7.8 million to $8.3 million. A GAAP net loss is expected to be between 33 cents per share and 34 cents per share, and non-GAAP net loss is projected to be 19 cents per share to 20 cents per share.

For full year 2018, Workiva expects total revenue of $234.0 million to $236.0 million, a GAAP loss from operations of $57.1 million to $59.1 million and a non-GAAP loss from operations of $32.0 million to $34.0 million. The company expects a GAAP net loss at between $1.35 per share and $1.40 per share, a non-GAAP net loss in the range of 77 cents per share to 82 cents per share.

Workiva reported a net loss of $14.3 million, or 34 cents per share, for the fourth quarter of 2017, compared to $7.5 million, or 18 cents per share, in the year-ago period. A non-GAAP loss for the most recent quarter was $8.0 million, or 19 cents per share, compared to $3.8 million, or 9 cents per share, in the prior-year quarter.

For full year 2017, the company reported a net loss of $44.4 million, or $1.07 per share, versus $44.0 million, or $1.08 per share, in 2016. Non-GAAP loss for 2017 was $25.0 million, or 60 cents per share, compared to $29.7 million, or 73 cents per share, in 2016.