WALLDORF, Sept. 12, 2024 (GLOBE NEWSWIRE) -- SAP SE (NYSE:SAP) today announced it has successfully completed its acquisition of WalkMe Ltd., a leading digital adoption platform company listed on the Nasdaq Global Select Market (NASDAQ:WKME). WalkMe's innovative technology enables seamless workflow execution across business software applications, improving user experience and adoption and supporting business transformation. WalkeMeX's AI capabilities will supercharge SAP's copilot Joule with context-aware and proactive help across workflows, allowing users to become more productive. As a result of the acquisition, each ordinary issued and outstanding share of WalkMe Ltd. has been converted

Newly launched WalkMeX receives four industry awards for artificial intelligence SAN FRANCISCO, Aug. 19, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced new capabilities as part of its Summer ‘24 product release and recent industry recognition for AI innovation. Many of these new capabilities are part of WalkMeX, the world's first and only copilot with the context to meet every user with the next best action for any workflow, across any application with both proactive and on-demand AI assistance. New WalkMeX innovations include tools for building powerful copilot experiences that

SAN FRANCISCO, July 25, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced the results of its annual DAP Professionals Survey. The survey results highlighted the pivotal role DAP professionals play in driving innovation and transformation, notably in regard to integrating AI into daily workflows. Key Survey Highlights Widespread AI Adoption: Nearly 60% of DAP professionals are utilizing AI products or solutions in their daily tasks. AI is already impacting digital adoption projects, making processes more efficient and effective.Most Sought-after AI Use Cases for DAP Professionals: T

SAN FRANCISCO, July 02, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced the winners of its annual Realizer Awards. Revealed on June 18 at Realize, WalkMe's flagship event, these outstanding winners showcased remarkable achievements driving business results with digital adoption strategies and WalkMe technology. The WalkMe Realizer Awards recognize companies and individuals driving successful change around technology. These changemakers realize the full potential of technology to deliver business value in their respective spaces. The breadth of innovation across the submissions was

SAN FRANCISCO, June 18, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced the launch of WalkMeX, the world's first and only copilot with the context to meet every user with the next best action for any workflow, across any application. WalkMeX further amplifies WalkMe's mission to bridge the gap between humans and technology with "AI that everyone gets." Generative AI isn't the plug-and-play tool many believe it to be. For companies to realize the full potential of AI, it needs to be used every day – by everyone. WalkMeX is an always-on copilot that offers proactive AI a

SAN FRANCISCO, June 18, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, revealed the results of its AI at work pulse survey. The June survey of over one thousand Americans found that 91% failed to effectively use AI at work on the first try. The survey uncovers clues into the challenges companies face when attempting AI transformation at scale. On the one hand, more than half of respondents (54%) say they use AI tools at work, (51%) have managers that encourage AI usage, and 51% get feedback that their work product has improved. On the other hand, few respondents consider themselves AI experts, e

WALLDORF, Germany, June 5, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) and WalkMe Ltd. (NASDAQ:WKME) announced today that the companies have entered into a definitive agreement under which SAP will acquire WalkMe, a leader in digital adoption platforms (DAPs). WalkMe's solutions help organizations navigate constant technology change by providing users with advanced guidance and automation features that enable them to execute workflows seamlessly across any number of applications. This results in higher adoption of the underlying application and as such drives value realization. The

SAN FRANCISCO, May 23, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced key momentum in their partner ecosystem with the introduction of new partnerships with Cognizant and UST. These strategic alliances were formed to help joint customers tackle the challenge of effectively adopting and scaling the latest technologies, particularly in light of the generative AI revolution. As the surge of AI-powered applications brings immense potential for productivity and innovation, it also introduces new complexities in change management and digital adoption. WalkMe's partnerships wit

SAN FRANCISCO, May 20, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced the launch of new generative AI (GenAI) capabilities as part of its spring '24 product release. These innovations, including AI Answers and AI SmartTips, are the first components of a broader GenAI offering WalkMe will reveal at their annual flagship event, Realize, on June 18. These new capabilities highlight the company's commitment to enhancing user productivity and improving data quality across enterprise systems while making GenAI easy to use for anyone. AI Answers introduces a new level of conversa

SAN FRANCISCO, May 13, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, announces the successful conclusion of its annual Industry Analyst Day. Held in New York City on May 1-2, this milestone event gathered key industry analysts from across the globe to deep-dive into the rapidly evolving digital adoption platform (DAP) space, with a special emphasis on generative AI. WalkMe is well positioned for the rapidly expanding generative AI market, which Bloomberg predicts will grow to $1.3 trillion by 2032, due to the company's unique ability to help organizations realize the full promise of generative AI. Unlike conventional platforms, WalkM

KeyBanc Capital Markets initiated coverage of WalkMe Ltd. with a rating of Sector Weight

Barclays downgraded WalkMe Ltd. from Equal Weight to Underweight and set a new price target of $10.00

BMO Capital Markets downgraded WalkMe Ltd. from Outperform to Market Perform and set a new price target of $11.00 from $13.00 previously

Citigroup downgraded WalkMe Ltd. from Buy to Neutral and set a new price target of $11.00 from $12.00 previously

Barclays downgraded WalkMe Ltd. from Overweight to Equal Weight and set a new price target of $9.00 from $15.00 previously

Morgan Stanley resumed coverage of WalkMe Ltd. with a rating of Equal-Weight and set a new price target of $13.00

KeyBanc Capital Markets downgraded WalkMe Ltd. from Overweight to Sector Weight

Goldman initiated coverage of WalkMe Ltd. with a rating of Buy and set a new price target of $23.00

Citigroup reiterated coverage of WalkMe with a rating of Buy and set a new price target of $24.00 from $23.00 previously

Wells Fargo reiterated coverage of WalkMe with a rating of Overweight and set a new price target of $24.00 from $30.00 previously

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SAN FRANCISCO, May 08, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced it will release its first quarter and full year 2024 financial results before U.S. markets open on Wednesday, May 22, 2024. WalkMe will host a webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance. First Quarter Financial Results and Conference Call Date: Wednesday, May 22, 2024 Time: 5:00 a.m. Pacific Time / 8:00 a.m. Eastern Time Webcast: https://ir.walkme.com Dial-in: U.S. Toll Free: (646) 876 9923; International: +972 3 978 6688; Webinar ID: 982 8017 7604 Approximately one hour

SAN FRANCISCO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced it will release its fourth quarter and full year 2023 financial results before U.S. markets open on Wednesday, February 21, 2024. WalkMe will host a webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance. Fourth Quarter and Full Year Financial Results and Conference CallDate: Wednesday, February 21, 2024Time: 5:00 a.m. Pacific Time / 8:00 a.m. Eastern TimeWebcast: https://ir.walkme.comDial-in: U.S. Toll Free: (646) 876 9923; International: +972 3 978 6688; Webinar ID: 984 8786 6110Approx

Achieved a record Non-GAAP operating income ahead of plan of $1.6M compared to a loss of ($12.5M) last year and GAAP operating loss of ($11.6M) compared to ($26.4M) last year.Non-GAAP Net income Per Share of $0.04 and GAAP Net Loss Per Share of ($0.10).Continued positive Free Cash Flow of $6.2M and 9% FCF margin. SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its third quarter ended September 30, 2023. Management Commentary "Q3 was a milestone quarter as WalkMe achieved our goal of reaching profitability ahead of schedule. We believe our investments in our strategic growt

SAN FRANCISCO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced it will release its third quarter 2023 financial results before U.S. markets open on Tuesday, November 14, 2023. WalkMe will host a conference call and webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance. Third Quarter Financial Results and Conference Call  Date:Tuesday, November 14, 2023  Time:5:00 a.m. Pacific Time / 8:00 a.m. Eastern Time  Webcast:https://ir.walkme.com  Dial-in:U.S. Toll Free: (975) 6039 0432; International: +972 3 978 6688; Passcode: 975 6039 0432   Approximately

Achieved record positive Free Cash Flow of $5.2M and 8% FCF margin two quarters ahead of plan.Improved Non-GAAP operating margin to (3.5%) from (27.8%) last year and GAAP operating margin of (23.9%) compared to (52.1%) last year.Non-GAAP Net Loss Per Share of ($0.00) and GAAP Net Loss Per Share of ($0.15).WalkMe Discovery and UII Data AI solutions grew its employee coverage 100% quarter over quarter. SAN FRANCISCO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its second quarter ended June 30, 2023. Management Commentary "We are seeing positive trends all across the business, our path

SAN FRANCISCO, July 20, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced it will release its second quarter 2023 financial results before U.S. markets open on Thursday, August 10, 2023. WalkMe will host a conference call and webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance. Second Quarter Financial Results and Conference Call Date: Thursday, August 10, 2023 Time: 5:00 a.m. Pacific Time / 8:00 a.m. Eastern Time Webcast: https://ir.walkme.com Dial-in: U.S. Toll Free: 1 (866) 580 3963; International: 1 (809) 216213; Passcode: WalkMe Approx

Subscription Revenue grew 18% year over year.Continued improvement of GAAP Operating loss margin to 39% vs 52% last year and Non-GAAP Operating loss margin of 13% vs 33% last year.Improved Net Cash used in operations to $7.5M compared to $18.3M last year and improved Free Cash Flow to negative $8.3M from negative $20.3M last year.WalkMe achieved FedRAMP ready status becoming the first digital adoption platform provider listed on the FedRAMP Marketplace. SAN FRANCISCO, May 17, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its first quarter ended March 31, 2023. "WalkMe delivered solid revenue gro

This announcement serves as a correction to the news posted on 04/27/2023 from WalkMe regarding the time of the First Quarter 2023 Conference Call SAN FRANCISCO, May 03, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced it will release its first quarter 2023 financial results before U.S. markets open on Wednesday, May 17, 2023. WalkMe will host a conference call and webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance. First Quarter Financial Results and Conference Call Date: Wednesday, May 17, 2023   Time: 5:00 a.m. Pacific Time / 8:00 a.m. Eastern Time   W

SAN FRANCISCO, April 28, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced it will release its first quarter 2023 financial results after U.S. markets close on Wednesday, May 17, 2023. WalkMe will host a conference call and webcast that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its business and financial performance. First Quarter Financial Results and Conference Call   Date: Wednesday, May 17, 2023    Time: 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time    Webcast: https://ir.walkme.com   Dial-in: U.S. Toll Free: (786) 697 3501; International: 1 (809) 216213; Passcode WalkMe     Approximat

SAN FRANCISCO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced it will release its fourth quarter and FY2022 financial results before U.S. markets open on Wednesday, February 15, 2023. WalkMe will host a conference call and webcast that day at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) to discuss its business and financial performance. Fourth Quarter and FY2022 Financial Results and Conference CallDate:Wednesday, February 15, 2023Time:5:00 a.m. Pacific Time / 8:00 a.m. Eastern TimeWebcast:https://ir.walkme.comDial-in:U.S. Toll Free: (866) 580 3963; International: 1 (809) 216213; Passcode WalkMe Approxim

Needham analyst Scott Berg downgrades WalkMe (NASDAQ:WKME) from Buy to Hold.

U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining over 100 points on Wednesday. The Dow traded up 0.33% to 38,840.06 while the NASDAQ rose 1.70% to 17,143.85. The S&P 500 also rose, gaining, 1.03% to 5,345.70. Check This Out: Keurig Dr Pepper To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Wednesday Leading and Lagging SectorsInformation technology shares rose by 2.4% on Wednesday. In trading on Wednesday, consumer staples shares fell by 0.6%. Top Headline Dollar Tree Inc (NASDAQ:DLTR) shares fell over 5% on Wednesday after the company reported its first-quarter FY24 earnings and announced a review of strategic alternatives for its

Shares of Lands’ End, Inc. (NASDAQ:LE) fell sharply during Wednesday's session following first-quarter results. Lands’ End reported quarterly adjusted loss of 20 cents per share which beat the analyst consensus estimate of 26 cents per share. The company reported quarterly sales of $285.47 million which beat the analyst consensus estimate of $269.82 million, according to data from Benzinga Pro. Lands’ End shares dipped 9.3% to $12.60 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Actelis Networks, Inc. (NASDAQ:ASNS) shares jumped 512% to $2.88 after the company announced orders for cyber-hardened networking technology to be deployed at thr

U.S. stocks traded higher midway through trading, with the Nasdaq Composite surging over 1% on Wednesday. The Dow traded up 0.04% to 38,728.39 while the NASDAQ rose 1.21% to 17,060.58. The S&P 500 also rose, gaining, 0.59% to 5,322.59. Check This Out: Keurig Dr Pepper To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Wednesday Leading and Lagging SectorsInformation technology shares rose by 1.6% on Wednesday. In trading on Wednesday, energy shares fell by 0.6%. Top Headline The ISM services PMI climbed to 53.8 in May, notching the highest level in nine months, and topping market expectations of 50.8. Equities Trading UP                        Actelis Networ

U.S. stocks were mixed, with the Dow Jones index falling more than 100 points on Wednesday. Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) rose sharply during Wednesday's session following better-than-expected first-quarter earnings. The company reported first-quarter FY24 sales growth of 10.8% year-on-year to $508.82 million, beating the analyst consensus estimate of $505.79 million. Adjusted EPS of 73 cents beat the analyst consensus estimate of 65 cents, according to data from Benzinga Pro. Ollie's raised FY24 adjusted EPS outlook from $3.10 – $3.20 to $3.18 – $3.28, against the consensus of $3.19. The company raised FY24 sales outlook from $2.248 billion – $2.273

WalkMe Ltd. (NASDAQ:WKME) shares are jumping today after it inked a definitive deal to be acquired by SAP SE (NYSE:SAP) in an all-cash deal for an equity value of about $1.5 billion. The Executive and Supervisory Boards of SAP and the Board of Directors of WalkMe have approved the transaction valued at $14.00 per share, representing a 45% premium to WalkMe’s closing share price on June 4, 2024. Christian Klein, CEO and member of the Executive Board of SAP SE, said, “By acquiring WalkMe, we are doubling down on the support we provide our end users, helping them to quickly adopt new solutions and features to get the maximum value out of their IT investments.” The proposed combination

Shares of Stitch Fix, Inc. (NASDAQ:SFIX) rose sharply in today's pre-market trading following better-than-expected third-quarter financial results. Stitch Fix reported quarterly losses of 18 cents per share which beat the analyst consensus estimate of losses of 24 cents by 25%. Quarterly sales came in at $322.7 million which beat the analyst consensus estimate of $306.121 million by 5.42% and represents a 18.29% decrease in sales from the same period last year, according to data from Benzinga Pro. Stitch Fix shares jumped 18% to $3.15 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Actelis Networks, Inc. (NASDAQ:ASNS) rose 7