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

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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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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.

WalkMe Announces Date of Third Quarter 2022 Financial Results and Conference Call

Introduces three new certification courses for the in-person portion of the event SAN FRANCISCO , Oct. 11, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced the list of prominent industry speakers who will be presenting at Elevate 2022 , the world's largest event for Digital Adoption (DAP) Professionals.

WalkMe Announces Speaker Lineup for the World's Largest Digital Adoption (DAP) Professionals Event, Elevate

First-ever Gartner Market Guide for Digital Adoption Platforms becomes latest milestone in the DAP category journey; Includes WalkMe among 13 representative vendors in the DAP space SAN FRANCISCO , Oct. 4, 2022 /PRNewswire/ -- WalkMe Ltd.  (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced its inclusion in the 2022 Gartner® Market Guide for Digital Adoption Platforms , the first market scan of the DAP category by Gartner.

Industry Witnesses Tipping Point for Digital Adoption Platforms Like WalkMe as Leading Research Firms Initiate Coverage of the DAP Category

NEW YORK , Oct. 3, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of WalkMe Ltd. ("WalkMe" or the "Company") (NASDAQ: WKME).

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of WalkMe Ltd. - WKME

Unveils new WalkMe World community for customers, partners, and DAP Professionals in advance of Elevate SAN FRANCISCO , Sept. 29, 2022 /PRNewswire/ -- WalkMe Ltd.

WalkMe Reveals the World's 100 Most Impactful Digital Adoption (DAP) Professionals in Inaugural DAPP100 List

Atlanta, Georgia--(Newsfile Corp. - September 22, 2022) - Holzer & Holzer, LLC is investigating whether WalkMe Ltd. ("WalkMe" or the "Company") (NASDAQ: WKME) complied with federal securities laws. On September 12, 2022, WalkMe announced "the departure of Chief Financial Officer, Andrew Casey," stating that he was leaving to pursue another opportunity. Following this news, the Company's stock price dropped.

SHAREHOLDER ALERT: Investigation of WalkMe (WKME) Announced by Holzer & Holzer, LLC

EVP of Finance & Operations, Hagit Ynon, to serve as interim CFO upon Casey's departure SAN FRANCISCO , Sept. 12, 2022 /PRNewswire/ -- WalkMe Ltd.

WalkMe Announces Departure of Chief Financial Officer Andrew Casey

WalkMe Ltd (NASDAQ:WKME ) Q2 2022 Earnings Conference Call August 11, 2022 8:00 AM ET Company Participants John Streppa - Head of IR Dan Adika - CEO and Co-Founder Scott Little - Chief Revenue Officer Andrew Casey - CFO Rafael Sweary - Co-Founder, President and Director Conference Call Participants Michael Turits - KeyBanc Scott Berg - Needham Kevin Kumar - Goldman Sachs Vinod Srinivas - Barclays Michael Turrin - Wells Fargo Securities Tyler Radke - Citi Josh Baer - Morgan Stanley Pat Walravens - JMP Securities Operator Good day, and welcome to the WalkMe Third [Second] (sic) Quarter Earnings Call. Today's conference is being recorded.

WalkMe Ltd (WKME) CEO Dan Adika on Q2 2022 Results - Earnings Call Transcript

WalkMe (WKME) delivered earnings and revenue surprises of 20.83% and 0.90%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

WalkMe (WKME) Reports Q2 Loss, Tops Revenue Estimates

New alliance unlocks value for organizations through faster, more effective adoption of technologies  SAN FRANCISCO , Aug. 11, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption platforms, today announced it has entered into an alliance agreement with Deloitte Canada, a global leader in Human Capital and Business Transformation Consulting.

WalkMe and Deloitte Canada Enter Strategic Alliance to Bring Digital Adoption Best Practices to More Canadian Enterprises

67% of enterprises are under 'incredible pressure' to accelerate digital transformation, but 60% say change management programs are 'no longer fit for purpose' SAN FRANCISCO , Aug. 10, 2022 /PRNewswire/ --  WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today released " The State of Digital Adoption 2022-2023 " report, showing enterprises' struggle to give employees the ability to use digital tools as they are intended and to their fullest extent.

Inability to Fully Utilize Digital Tools Cost Enterprises Nearly $100 Million Last Year, WalkMe Research Finds

B2B technology marketing leader to drive customer expansion efforts through go-to-market optimization and tighter alignment with sales and product SAN FRANCISCO , Aug. 8, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced the appointment of Adriel Sanchez as Chief Marketing Officer (CMO), reporting to CEO and Co-founder, Dan Adika.

WalkMe Expands Executive Leadership Team with Appointment of Adriel Sanchez as Chief Marketing Officer

Announces date for Elevate, the world's largest career development event for DAP Professionals; Opens nominations for first-ever Top 100 DAP Professionals list, #DAPP100 SAN FRANCISCO , July 27, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced it has officially established International Digital Adoption ( DAP) Professionals Day as a registered holiday, taking place the last Thursday of each July.

WalkMe Establishes International Digital Adoption Professionals (DAP) Day to Honor Individuals Shaping the Future of Digital Transformation

Tenured SaaS sales executive to deliver next phase of growth; joins WalkMe executive leadership team SAN FRANCISCO , July 25, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced the appointment of Scott Little as Chief Revenue Officer (CRO), reporting to CEO and Co-founder, Dan Adika.

WalkMe Appoints Scott Little as Chief Revenue Officer

Needham analyst Scott Berg maintained WalkMe Ltd (NASDAQ: WKME) with a Buy and lowered the price target from $40 to $20 (132.3% upside) post Q1 FY22 results. Berg attended WalkMe's first Analyst Day, becoming more optimistic about its value proposition and ability.

Needham Is 'More Optimistic' on WalkMe's Value Proposition After Q1 Performance - Read Why

KeyBanc analyst Michael Turits downgraded WalkMe Ltd (NASDAQ: WKME) to Sector Weight from Overweight without a price target. The re-rating followed a modest first-quarter revenue beat, but an ARR miss, decline in quarterly enterprise DBNRR, slowing RPO growth,.

Here's How KeyBanc Rates WalkMe Post Q1 Results

Disappointing financial results sent the stock tumbling.

Here's Why WalkMe Stock Is Crashing Today

Creators of World's First Digital Adoption Platform See Critical Mass for DAP as Leading Research Firm Recognizes Market Category SAN FRANCISCO , May 24, 2022 /PRNewswire/ --  WalkMe Ltd.  (NASDAQ: WKME), a leading provider of Digital Adoption Platforms (DAP), today announced its inclusion in the New Tech: Digital Adoption Platforms, Q2 2022 , Forrester's first market scan of the DAP category.

WalkMe Recognized in the First-Ever Forrester New Tech: Digital Adoption Platforms

WalkMe Ltd. (NASDAQ:WKME ) Q1 2022 Earnings Conference Call May 23, 2022 5:00 PM ET Company Participants John Streppa - Head of Investor Relations Dan Adika - Co-Founder and Chief Executive Officer Andrew Casey - Chief Financial Officer Rafael Sweary - President and Co-Founder Conference Call Participants Scott Berg - Needham & Company, LLC Michael Turrin - Wells Fargo Securities, LLC Kevin Kumar - Goldman Sachs Group, Inc. Michael Turits - KeyBanc Capital Markets Inc. Vinod Srinivasaraghavan - Barclays Bank PLC Joey Marincek - JMP Securities LLC Keith Bachman - BMO Capital Markets Operator Good day, ladies and gentlemen, and welcome to the WalkMe First Quarter Earnings Call.

WalkMe Ltd. (WKME) CEO Dan Adika on Q1 2022 Results - Earnings Call Transcript

Combining WalkMe's and Celonis' best-in-class solutions allows customers to identify and fix process inefficiencies directly in their day-to-day applications, improving cash flow, operating margins, and user satisfaction while driving revenue growth  SAN FRANCISCO , May 23, 2022 /PRNewswire/ --  WalkMe  Ltd . (NASDAQ: WKME), a leading provider of Digital Adoption Platforms (DAP), today announced a strategic partnership with Celonis , the global leader in execution management, that enables joint customers to maximize the impact and return on digital transformation investments.

WalkMe and Celonis Collaborate to Optimize Business Performance for Customers

SAN FRANCISCO, May 23, 2022 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its first quarter ended March 31, 2022.

WalkMe Ltd. Announces First Quarter 2022 Financial Results

WalkMe has seen tough times since its offering in the summer of last year. A tough environment for IPO and technology names, as well as increasing losses, rightfully made investors cautious.

WalkMe: Walk The Walk

Awards recognize companies and DAP Professionals driving demonstrable business outcomes through digital adoption SAN FRANCISCO , April 7, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption platforms (DAP), today announced the seven winners of its annual WalkMe Realizer Awards.

WalkMe Realizer Award Winners Honored During Annual Digital Adoption Event

SAN FRANCISCO , March 10, 2022 /PRNewswire/ -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption platforms, today announced the agenda and featured speakers for its annual event, Realize , taking place April 5 - 6.

WalkMe to Convene Industry Leaders from Around the World for Annual Digital Adoption Event

WalkMe Ltd. (WKME) CEO Dan Adika on Q4 2021 Results - Earnings Call Transcript

News for WalkMe Ltd Stock (WKME)