Workiva Inc. shares rise 25.66% intraday after strong Q2 results and positive guidance.

Workiva Inc. rose 25.66% intraday, driven by strong Q2 results and positive financial performance. The company reported a loss of $19.4 million but beat Wall Street expectations with earnings of 19 cents per share, exceeding the average estimate of 5 cents per share. Revenue of $215.2 million also surpassed Street forecasts of $209 million. Additionally, the company announced that Jill Klindt is stepping down as Chief Financial Officer, with expectations for her to remain until December 2025 or until a successor is appointed.