WalkMe (WKME) has released an update.
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WalkMe Ltd. reported a solid second quarter in 2024 with a 7% increase in subscription revenue to $65.7 million and a significant improvement in Non-GAAP Operating Income, turning a previous year’s loss into a $4.9 million profit. Additionally, the company’s Free Cash Flow doubled year-over-year to $11.1 million, indicating strong financial health. Amid these results, WalkMe also mentioned that its pending acquisition by SAP is expected to close within the year, subject to regulatory approvals and other conditions.
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