Benzinga | May 4, 2021 04:58PM EDT

Workiva Sees Q2 Adj. EPS $0.00-$0.02 vs $(0.01) Est., Sales $101M-$102M vs $99.14M Est.; Sees FY21 Adj. EPS $(0.19)-$(0.15) vs $(0.28) Est., Sales $418M-$420M vs $410.6M Est.

Financial Outlook

As of May 4, 2021, Workiva is providing guidance as follows:

Second Quarter 2021 Guidance:

* Total revenue is expected to be in the range of $101.0 million to $102.0 million.

* GAAP loss from operations is expected to be in the range of $12.1 million to $11.1 million.

* Non-GAAP income from operations is expected to be in the range of break-even to $1.0 million.

* GAAP net loss per basic and diluted share is expected to be in the range of $0.30 to $0.28.

* Non-GAAP net income per basic share is expected to be in the range of $0.00 to $0.02.

* Net income (loss) per basic share is based on 51.2 million weighted-average shares outstanding. Full Year 2021 Guidance: Total revenue is expected to be in the range of $418.0 million to $420.0 million. GAAP loss from operations is expected to be in the range of $53.7 million to $51.7 million. Non-GAAP loss from operations is expected to be in the range of $5.0 million to $3.0 million. GAAP net loss per basic and diluted share is expected to be in the range of $1.31 to $1.27. Non-GAAP net loss per basic and diluted share is expected to be in the range of $0.19 to $0.15. Net income (loss) per basic and diluted share is based on 51.4 million weighted-average shares outstanding.