WalkMe: Q1 Earnings Snapshot

May 23, 2022 GMT

TEL AVIV, Israel (AP) _ WalkMe Ltd. (WKME) on Monday reported a loss of $23 million in its first quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 27 cents. Losses, adjusted for one-time gains and costs, were 22 cents per share.

The operator of cloud-based digital adoption platform posted revenue of $56.8 million in the period.

For the current quarter ending in July, WalkMe said it expects revenue in the range of $59 million to $60 million.

The company expects full-year revenue in the range of $251 million to $255 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WKME at https://www.zacks.com/ap/WKME