WKME - WalkMe Non-GAAP EPS of $0.00 beats by $0.06 revenue of $66.16M beats by $0.44M

2023-08-10 07:04:15 ET

• WalkMe press release ( NASDAQ: WKME ): Q2 Non-GAAP EPS of $0.00 beats by $0.06 .
• Revenue of $66.16M (+10.5% Y/Y) beats by $0.44M .
• Cash, cash equivalents and short-term investments totaled $160.0 million as of June 30, 2023.
• Free Cash Flow: was a positive $5.2 million or 8% of total revenue, compared to negative $12.2 million, or 20% in the second quarter of 2022.

• For the third quarter of 2023, the Company currently expects:

  • Revenue of $66 to $68 million, representing a growth rate of 4% to 7% year-over-year
  • Non-GAAP Operating Loss of $3 to $2 million

• For the full year 2023, the Company currently expects:

  • Revenue of $266 to $270 million, representing a growth rate of 9% to 10% year-over-year
  • Non-GAAP Operating Loss of $16 to $14 million

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