Workiva (WK) Fell Despite Reporting Strong Results

From Yahoo Finance: 2025-04-29 09:32:00

Conestoga Capital Advisors released its first-quarter 2025 investor letter, noting a sharp decline in equities due to concerns over slowing earnings, geopolitical tensions, and upcoming tariff announcements. The Conestoga Small Cap Composite returned -11.35%, Conestoga SMid Cap Composite returned -5.73%, Conestoga Micro-Cap Composite returned -8.24%, and Conestoga Mid Cap Composite returned 0.96%. Workiva Inc. (NYSE:WK) had a one-month return of -3.44% and closed at $73.44 per share on April 28, 2025. 28 hedge fund portfolios held Workiva Inc. (NYSE:WK) at the end of Q4 2024, with subscription revenue growth of 22% and total revenue growth of 20% compared to Q4 2023.



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