Workiva revenue up, stock price down
Workiva Inc. saw revenues rise 23.3 percent in the third quarter, while the company posted an operating loss of $12.7 million, down from $14.3 million in the same period last year. Revenue was $44.7 million, up from $36.3 million in the third quarter 2015. As of midmorning, Workiva’s stock was down 14 percent, at $14.15 a share. Read the full news release.