Workiva: Focused On Technology Not XBRL

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About: Workiva Inc. (WK), Includes: DFIN
by: XBRL Xpertise
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XBRL Xpertise
Long/short equity, tech
Summary

Workiva continued to grow revenue and increased their client count in Q3 2018. The company's stock price is also nearing an all-time high.

Workiva entered into new partnerships which may prove beneficial in 2019 and beyond.

Unlike competitors, Workiva is not integrating new XBRL rules into Wdesk. The company is filing with more XBRL errors compared to top rivals.

2018 ended with Workiva (WK) as the top XBRL (eXtensible Business Reporting Language) service provider. Like the past few quarters, revenue and client count continued to grow in the third quarter of 2018.