Benzinga | Aug 3, 2021 04:19PM EDT

Workiva Sees Q3 Adj. EPS $(0.12)-$(0.10) vs $(0.12) Est., Sales $108M-$109M vs $104.07M Est.; Sees FY21 Adj. EPS $(0.08)-$(0.04) vs $(0.19) Est., Sales $430M-$432M vs $418.38M Est.

nancial Outlook

As of August 3, 2021, Workiva is providing guidance as follows:

Third Quarter 2021 Guidance

* Total revenue is expected to be in the range of $108.0 million to $109.0 million.

* GAAP loss from operations is expected to be in the range of $17.6 million to $16.6 million.

* Non-GAAP loss from operations is expected to be in the range of $5.5 million to $4.5 million.

* GAAP net loss per basic and diluted share is expected to be in the range of $0.40 to $0.38.

* Non-GAAP net loss per basic share is expected to be in the range of $0.12 to $0.10.

* Net loss per basic share is based on 51.5 million weighted-average shares outstanding.

Full Year 2021 Guidance:

* Total revenue is expected to be in the range of $430.0 million to $432.0 million.

* GAAP loss from operations is expected to be in the range of $47.7 million to $45.7 million.

* Non-GAAP income from operations is expected to be in the range of break-even to $2.0 million.

* GAAP net loss per basic and diluted share is expected to be in the range of $1.19 to $1.15.

* Non-GAAP net loss per basic and diluted share is expected to be in the range of $0.08 to $0.04.

* Net income (loss) per basic and diluted share is based on 51.2 million weighted-average shares outstanding.