Yext, Inc. - YEXT STOCK NEWS

Yext, Inc. (NYSE: YEXT) has launched Yext Social, an AI-powered social media management tool designed for multi-location brands. This new solution enables brands to manage their local and corporate social media presence globally through a single platform. Key features include:

1. AI-driven content creation for personalized, locally-relevant posts
2. Unified platform for managing corporate and local social accounts
3. Advanced analytics for tracking engagement and optimizing strategies

Yext Social builds on the company's recent acquisition of Hearsay Systems, expanding its digital presence platform capabilities. The tool aims to simplify content creation, optimize engagement, and deliver actionable insights for brands managing their social media presence at scale.

Yext (NYSE: YEXT) announced its Q2 fiscal 2025 results, reporting revenue of $97.9 million and a net loss of $4.1 million ($0.03 per share). The company achieved non-GAAP net income of $6.8 million ($0.05 per share) and Adjusted EBITDA of $9.8 million. Direct ARR slightly increased to $313.4 million from $312.1 million in Q1. Yext adjusted its full-year outlook to $420.0-$421.0 million in Revenue and $66.0-$67.0 million in Adjusted EBITDA. The company completed its acquisition of Hearsay Systems on August 1, strengthening its position as the only end-to-end digital presence platform in the market.

Yext, Inc. (NYSE: YEXT), a leading digital presence platform for multi-location brands, has announced the release date for its second quarter fiscal year 2025 financial results. The results will be unveiled on Wednesday, September 4, 2024, after market close. Following the release, Yext will host a conference call at 5:00 p.m. (ET) / 2:00 p.m. (PT) to discuss the financial results with the investment community.

Interested parties can access a live webcast of the event on the Yext Investor Relations website. For those preferring a dial-in option, domestic callers can use (877) 883-0383, while international callers can dial (412) 902-6506, using the passcode 4416497. A replay will be available until September 11, 2024.

Yext (NYSE: YEXT), a leader in digital presence management, has completed its acquisition of Hearsay Systems, a global leader in digital client engagement for financial services. This integration aims to create the industry's first end-to-end digital presence platform, combining Yext's cutting-edge digital presence capabilities with Hearsay's compliance-driven engagement solutions across various channels.

According to Michael Walrath, CEO of Yext, this acquisition will enable brands to connect seamlessly with customers, accelerate innovation, and drive growth. Hearsay's solutions will help expand reach, optimize interactions, and ensure compliance. The combined platform will provide robust CRM integration, including with Salesforce, to enhance customer journey insights and automate workflows. The acquisition marks a pivotal moment for Yext, poised to set a new standard in the industry.

Yext (NYSE: YEXT) has elected Mark Davis to its Board of Directors, effective immediately. Davis, a seasoned executive with nearly four decades of expertise in auditing, accounting, and finance, will also join the audit committee. His extensive career includes advising Fortune 500 companies, privately held firms, and pre-IPO entities, with a notable history of guiding over 50 clients through IPOs and advising on corporate governance and acquisition strategies. CEO Michael Walrath expressed confidence in Davis's ability to contribute to Yext's mission of delivering long-term value. Davis's experience with Deloitte, particularly in the Emerging Growth Company sector and Deloitte Private, positions him as a valuable asset for Yext's continued growth and innovation.

Yext (NYSE: YEXT) has announced its first-quarter fiscal 2025 results, covering the period ending April 30, 2024. The company, a leader in digital presence for multi-location brands, reported its earnings and hosted a conference call to discuss financial outcomes on June 10, 2024. The earnings call was accessible via webcast and provided dial-in options for both domestic and international participants. A replay of the call will be available until June 17, 2024.

Yext (NYSE: YEXT) has announced a definitive agreement to acquire Hearsay Systems for $125 million, with an additional $95 million contingent on performance targets. This acquisition aims to integrate Hearsay's digital client engagement solutions with Yext's digital presence management platform, creating a unified digital marketing platform for financial services. The combined platform will enhance customer engagement, compliance, and performance across various channels, including social media, websites, text, and voice. The transaction is expected to close in the second half of Yext's fiscal year 2025, ending January 31, 2025. This strategic move is poised to bring immediate value to regulated customers and expand the solution set to other industries.

Yext (NYSE: YEXT), a leader in digital presence platforms, announced it will release its Q1 FY 2025 results on June 10, 2024, post-market close. The company will host a conference call at 5:00 p.m. ET to discuss the results with investors. The event will be webcast live on the Yext Investor Relations website, with domestic and international dial-in options available for participation. A replay will be accessible until June 17, 2024. Yext's platform helps multi-location brands manage their digital presence through AI-driven technology, enhancing customer engagement and enabling data-driven decisions.

Yext (NYSE: YEXT) has introduced Listings Recommendations, a new feature that leverages AI to enhance digital discoverability and customer engagement. This tool offers proactive, AI-driven suggestions to optimize business listings across 200+ websites. Key features include proactive recommendations, data science-supported insights, and listings monitoring to identify underperformance. Yext aims to simplify the complex task of managing multiple listings, helping brands improve search strategies and capitalize on trends. The announcement follows Yext's Digital Presence Report, which highlights the importance of managing information across various publishers.