WalkMe (WKME) has released an update.
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WalkMe Ltd. has reported a strong start to 2024 with a first-quarter revenue of $68.6 million, marking a 4% increase year-over-year and exceeding guidance. The digital adoption solutions provider also saw a significant turnaround with a non-GAAP operating income of $4.4 million and a record high free cash flow of $16.6 million. The company introduced WalkMeX, an innovative AI copilot, and expects continued revenue growth into the second quarter.
For further insights into WKME stock, check out TipRanks’ Stock Analysis page.