Workiva Inc. Class A

Good afternoon, ladies and gentlemen. My name is Catherine and I'll be your host operator on this call. After the prepared comments, we will conduct a question and answer session. Instructions will be provided at the time. If at any time during the conference you need to reach out to an operator, please press star followed by zero. Please note that this call is being recorded on August 4th, 2020 at 5 o'clock p.m. Eastern Time. I'd now like to turn the meeting over to your host for today's call, Adam Therese, Director of Investor Relations at Workiva. Please go ahead.

Good afternoon, and thank you for joining us for Workiva's second quarter 2020 conference call. Today's call has been pre-recorded and will include comments from our Chief Executive Officer, Marty Vander Plauw, followed by our Chief Financial Officer, Stuart Miller. We will then open the call up for a live Q&A session. Jill Clint, our Chief Accounting Officer, will also be on the call. A replay of this webcast will be available until August 11th. Information to access the replay is listed in today's press release, which is available on our website under the Investor Relations section. Before we begin, I would like to remind everyone that during today's call, we'll be making forward-looking statements regarding future events in financial performance. including guidance for the third quarter and full fiscal year 2020. These forward-looking statements are subject to known and unknown risks and uncertainties. We'll keep a caution that these statements are not guarantees of future performance. All forward-looking statements made today reflect our current expectations only and we undertake no obligation to update any statement to reflect the events that occur after this call. Please refer to the company's annual report on Form 10-K and subsequent filings for factors that could cause their actual results to differ materially from any floor booking statements. Also, during the course of today's call, we will refer to certain non-GAAP financial measures. Reconciliations of non-GAAP to GAAP measures and certain additional information are also included in today's press release. With that, we'll begin by turning the call over to our CEO, Marty Vander Plael.

Thank you, Adam, and thank you to everyone for joining today's call. Despite challenges from the COVID-19 pandemic, we are pleased with our second quarter 2020 finance results, which exceeded guidance for revenue and operating results. Our results reflect our employees resiliency and their dedication to our customers. Our sales and marketing teams have successfully transitioned to a virtual environment, and we now have greater visibility into the second half of the year. As a result, we are reinstating full-year guidance, which is close to our pre-pandemic full-year guidance for revenue. Stuart will provide further details about our financial results and outlook later in the call. In Q2, demand for our platform improved across all of our growth vectors, which include EMEA, WData, and our platform solutions for integrated risk, global statutory reporting, and the US government. Our partnerships with technology companies and advisory firms remains an important catalyst for our long-term growth. We are proud that three of the four largest advisory firms in the world are now Workiva partners. Customers are embracing our new platform's capabilities as we further streamline their complex business and reporting processes by connecting teams, documents and data. from initial sources to final reports. Our new platform also increases our flexibility and speed when developing new solutions, enabling us to enter more markets faster than ever. For example, our FERC reporting and ESEF solutions were both launched on the new platform. After identifying the opportunity, we quickly moved from concept to launch within a few months. Developing and delivering new solutions on our platform will continue to be a key driver to our success. As we discussed last quarter, we switched to virtual marketing events in response to COVID-19. We have been pleased with the large attendance at our virtual events and the number of sales leads generated. Next month, we will host our annual Amplify Global User Conference virtually. This year's timely theme is Building trust in business data and supporting business continuity in an age of transformation. Over 4,500 people have already registered to attend. At Workiva, culture is a key driver of our success. Every day, whether we are in our offices or working remotely, our employees create an award-winning workplace that attracts and retains top talent. Recently, Computer World named Workiva one of the 2020 Best Places to Work in IT, and Fortune named us a 2020 Best Workplace in New York. In closing, we are pleased with our second quarter results and our team's ability to effectively execute during this challenging time. We remain well positioned and confident in our ability to capitalize on the many opportunities that lie ahead of us. With that, I will turn it over to Stuart Miller.