WalkMe Ltd

WalkMe Ltd. provides interactive online guidance and engagement platform. It offers a cloud-based Digital Adoption Platform, where employees and customers of organizations can navigate websites, SaaS applications, or mobile apps through a digital, GPS-like experience to accomplish any task from simple, online transactions, to complex cross-application software processes, to fully autonomous experiences that require no manual clicks or entries. It operates through the following geographical segments: United States, Rest of World, and Israel. The company was founded by Rafi Sweary, Eyal Cohen, Yuval Shalom Ozanna, and Dan Adika on October 26, 2011 and is headquartered in Tel Aviv-Yafo, Israel.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

WalkMe progresses towards positive cash flow amidst partnership growth

WalkMe's Q4 2022 earnings call highlighted progress towards positive free cash flow, strong partnerships, and a focus on enterprise customers.
Challenges include elongated deal cycles, downsell pressure, and macroeconomic uncertainties impacting customer behavior.
Opportunities in the federal market, new offerings, and partnerships present avenues for revenue growth and operational improvement.
Guidance for 2023 is conservative, with a focus on leveraging operating margin improvement and achieving cash positivity in Q4.

WalkMe reports strong Q1 growth, eyes profitability by 2024

WalkMe's Q1 performance reflects steady growth, operational improvements, and strategic initiatives positioning the company for future success.
The company's focus on profitability, cost management, and product innovation underscores a commitment to long-term sustainability and growth.
Challenges in workforce restructuring, global economic conditions, and market penetration require strategic agility and operational efficiency.
Opportunities in new product offerings, government contracts, and partnership growth offer avenues for revenue expansion and market diversification.

WalkMe surpasses revenue expectations, eyes profitability in 2024

WalkMe's Q2 performance reflects revenue growth, financial milestones, and strategic advancements, positioning the company for future success.
While facing challenges in customer growth and retention, opportunities in product innovation, market expansion, and financial stability offer avenues for growth.
Overall, WalkMe's focus on diversification, innovation, and financial discipline sets a positive trajectory for sustained performance and value creation.

WalkMe achieves profitability in Q3, focuses on growth opportunities

WalkMe's Q3 performance showcased profitability, subscription revenue growth, and a focus on digital adoption and innovation.
The company's strengths lie in operational efficiencies, new product offerings, client expansions, and a strategic focus on growth areas.
Challenges include revenue recognition issues, operational improvements, and addressing analyst concerns on sustainability and efficiency.
Opportunities for WalkMe include exploring M&A, targeting federal opportunities, driving growth through new products, and strategic hiring for profitable expansion.

WalkMe reports profitable Q4 2023, eyes growth through partnerships

WalkMe's Q4 2023 performance showcased profitability, improved financial metrics, and guidance for subscription revenue acceleration in 2024.
The company's strengths lie in leadership position, adaptability, strong sales force, and financial stability for M&A opportunities.
Challenges include customer adoption, DAP growth slowdown, and educating the market on DAP value.
Opportunities include expansion with key customers, accelerating growth, leveraging partnerships, and showcasing value in all economic conditions.

WalkMe reports strong Q1 performance and innovation drive for growth

WalkMe delivered a strong performance in Q1 2024, with robust revenue, improved operating income, and strategic growth initiatives, positioning the company for sustained success and market leadership.
The company's focus on innovation, operational excellence, and customer loyalty, coupled with investments in AI capabilities and strategic partnerships, underpin its strengths and growth potential in the hyperautomation market.
While facing challenges in maintaining growth momentum and balancing profitability with investments, WalkMe has opportunities to capitalize on WalkMeX, revenue expansion, and market events to drive long-term value creation and market differentiation.
Overall, WalkMe's Q1 results, strategic direction, and financial outlook reflect a balanced approach to growth and profitability, supported by operational efficiency, innovation, and a strong market position.

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The niche tech solutions provider delivered its first earnings report of 2023. It had a mixed quarter, topping analyst estimates for revenue but falling short on net loss.

Why WalkMe Stock Was Blasting Higher This Week

WalkMe Ltd. (NASDAQ:WKME ) Q1 2023 Earnings Conference Call May 17, 2023 8:00 AM ET Company Participants John Streppa - Head of Investor Relations Dan Adika - Chief Executive Officer and Co-Founder Scott Little - Chief Revenue Officer Hagit Ynon - Chief Financial Officer Conference Call Participants Pat Walravens - JMP Scott Berg - Needham Michael Turits - KeyBanc Josh Baer - Morgan Stanley Kevin Kumar - Goldman Sachs Operator Welcome to the WalkMe First Quarter 2023 Earnings Call.

WalkMe Ltd. (WKME) Q1 2023 Earnings Call Transcript

WalkMe (WKME) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.22 per share a year ago.

WalkMe (WKME) Reports Q1 Loss, Tops Revenue Estimates

SAN FRANCISCO, May 17, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its first quarter ended March 31, 2023.

WalkMe Ltd. Announces First Quarter 2023 Financial Results

SAN FRANCISCO, April 28, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced it will release its first quarter 2023 financial results after U.S. markets close on Wednesday, May 17, 2023. WalkMe will host a conference call and webcast that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its business and financial performance.

WalkMe Announces Date of First Quarter 2023 Financial Results and Conference Call

WalkMe: New Software Category Leaves Plenty Of Room For Growth

SAN FRANCISCO, March 12, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today released the following statement in response to the shutdown of Silicon Valley Bank:

WalkMe Confirms No Material Exposure to Silicon Valley Bank Shutdown

SAN FRANCISCO, Feb. 22, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd . (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced that members of its management team are scheduled to participate in upcoming investor conferences.

WalkMe to Present at Upcoming Investor Conferences

WalkMe Ltd. (NASDAQ:WKME ) Q4 2022 Earnings Conference Call February 15, 2023 8:00 AM ET Company Participants John Streppa - Head of Investor Relations Dan Adika - Chief Executive Officer and Co-Founder Scott Little - Chief Revenue Officer Hagit Ynon - Chief Financial Officer Conference Call Participants Michael Rackers - Needham Tyler Radke - Citi Josh Baer - Morgan Stanley Michael Turits - KeyBanc Michael Berg - Wells Fargo Securities Keith Bachman - BMO Kevin Kumar - Goldman Sachs Joey Marincek - JMP Securities John Streppa Thank you for joining our Fourth Quarter and Full Year 2022 Earnings Call.

WalkMe Ltd. (WKME) Q4 2022 Earnings Call Transcript

WalkMe (WKME) delivered earnings and revenue surprises of 28.57% and 1.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

WalkMe (WKME) Reports Q4 Loss, Tops Revenue Estimates

Former Interim CFO and EVP of Finance & Operations to assume permanent CFO role Former Interim CFO and EVP of Finance & Operations to assume permanent CFO role

WalkMe Ltd. Appoints Hagit Ynon as Chief Financial Officer

SAN FRANCISCO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its fourth quarter ended December 31, 2022.

WalkMe Ltd. Announces Fourth Quarter 2022 Financial Results

SAN FRANCISCO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced it will release its fourth quarter and FY2022 financial results before U.S. markets open on Wednesday, February 15, 2023. WalkMe will host a conference call and webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance.

WalkMe Announces Date of Fourth Quarter and Full Year 2022 Financial Results and Conference Call

Elan brings more than 20 years of experience to lead Matillion's growing People and Culture team DENVER and MANCHESTER, England , Jan. 18, 2023 /PRNewswire/ --  Matillion , the leader in data productivity, today announced the appointment of Tamar Elan as its inaugural Chief People Officer. "Matillion is, and always will be, a people-focused company.

Tamar Elan joins Matillion as Chief People Officer

WalkMe is a digital adoption platform that aims to help companies improve digital user experience and productivity. The market for digital adoption platforms is still young, but promises lots of potential, with Gartner estimating that 70% of organizations will use DAP by 2030.

WalkMe: The Risk/Reward Looks Attractive

WalkMe Ltd. has seen lackluster margin developments since its IPO. Only very recently margins have improved a bit, but losses remain steep.

WalkMe: Not Taking A Walk

WalkMe co-founder Rafael Sweary to step down as President; Board Member Michele Bettencourt appointed as Board Chairperson WalkMe co-founder Rafael Sweary to step down as President; Board Member Michele Bettencourt appointed as Board Chairperson

WalkMe Announces Leadership and Board Changes

The consensus price target hints at a 57.6% upside potential for WalkMe (WKME). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 58% Upside in WalkMe (WKME): Can the Stock Really Move This High?

The consensus price target hints at a 66.4% upside potential for WalkMe (WKME). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 66% Upside in WalkMe (WKME): Can the Stock Really Move This High?

WalkMe Ltd. (NASDAQ:WKME ) Q3 2022 Earnings Conference Call November 15, 2022 8:00 AM ET Company Participants John Streppa - Head of Investor Relations Dan Adika - Chief Executive Officer & Co-Founder Scott Little - Chief Revenue Officer Hagit Ynon - Interim Chief Financial Officer Conference Call Participants Tyler Radke - Citi Scott Berg - Needham Kevin Kumar - Goldman Sachs Michael Vidovic - KeyBanc Pat Walravens - JMP Securities Vinod Srinivas - Barclays Keith Bachman - BMO Operator Thank you all for joining the WalkMe Third Quarter Earnings Call.

WalkMe Ltd. (WKME) Q3 2022 Earnings Call Transcript

WalkMe (WKME) delivered earnings and revenue surprises of 26.32% and 0.74%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

WalkMe (WKME) Reports Q3 Loss, Tops Revenue Estimates

SAN FRANCISCO, Nov. 15, 2022 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its third quarter ended September 30, 2022.

WalkMe Ltd. Announces Third Quarter 2022 Financial Results

Best-in-class digital adoption solution now available to the UK public sector LONDON , Nov. 8, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced its approval to join the G-Cloud Digital Marketplace by the Crown Commercial Service of the UK government.

WalkMe Joins UK Government's G-Cloud Digital Marketplace

WalkMe recognized as top emerging digital adoption platform vendor SAN FRANCISCO , Nov. 3, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced that Forrester Research Inc. recognized the company as a Leader in its report "The Forrester New Wave™: Digital Adoption Platforms, Q4 2022.

WalkMe Named a Leader in Digital Adoption Platforms, Q4 2022 Evaluation by Independent Research Firm

SAN FRANCISCO, Oct. 25, 2022 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced it will release its third quarter 2022 financial results before U.S. markets open on Tuesday, November 15, 2022. WalkMe will host a conference call and webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance.

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