WalkMe Posts Strong Quarterly Revenues; Website Visits Hinted at it
24 May 2022 - 07:16PM
TipRanks
Israel-based WalkMe Ltd. (NASDAQ: WKME) is
well-established in the Software as a Service (SaaS) market.
It provides cloud-based digital adoption solutions in the U.S. and
globally. With a market capitalization of $1.03 billion, the
stock has recorded losses of 38.66% on a year-to-date basis.
Recently, WalkMe posted a lower-than-expected loss and
upbeat revenues in the first quarter of 2022. Also, it
provided a decent outlook for the June quarter and full-year 2022.
Despite the beat, shares of the company lost 3.7% in
extended trading hours on Monday after closing 8.1% lower on the
day. Results in Detail WalkMe registered an
adjusted loss of $0.22 per share, compared with the Street’s
estimated loss of $0.
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WalkMe (NASDAQ:WKME)
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