Workiva reports Q3 EPS 21c, consensus 23c

Reports Q3 revenue $185.6M, consensus $182.58M. The company said, “Workiva (WK) is once again in a beat and raise position. Our results highlight an acceleration of our growth and improved operating leverage. “We delivered another record bookings quarter with broad based demand across the entire solution portfolio and a high volume of account expansion deals and platform wins across North America and Europe. Subscription and support revenue growth of 19% drove our total revenue beat to $2.6 million over the high end of our guidance range. Due to our solid performance, we are raising our total revenue guidance by $6 million to a range of $733 million to $735 million.”