Welcome to our dedicated page for Yext news (Ticker: YEXT), a resource for investors and traders seeking the latest updates and insights on Yext stock.
Yext, Inc. reports company news around its brand visibility and digital presence platform for multi-location brands. Its updates cover AI and machine-learning technology used to manage structured brand information across search, social media, websites, listings, reviews, reputation management, and customer engagement channels.
Recurring developments include quarterly and fiscal-year results, non-GAAP operating metrics, partner integrations with restaurant and digital marketing technology providers, and capital actions involving Yext common stock. News also reflects how the company positions its platform across AI search, traditional search, social channels, and direct communications for businesses managing digital presence at scale.
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Yext has been recognized by KMWorld as a Trend-Setting Product of 2022 for its Answers Platform, showcasing innovative solutions that enhance knowledge sharing within organizations. This recognition underlines Yext's strength in providing effective enterprise solutions powered by AI and natural language processing. Additionally, Yext was included in KMWorld's AI 50 list, emphasizing its impact in intelligent knowledge management. Joe Jorczak, Yext's Head of Industry for Service and Support, expressed pride in this acknowledgment, highlighting the platform's role in enabling organizations to deliver relevant answers across various digital platforms.
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Yext, known as the Answers Company, has announced the general availability of its Summer '22 Release. This update introduces enhancements to Listings, a new Pages architecture, and various features aimed at boosting platform extensibility. Key updates include newly available analytics from Google, improved status details for Listings management, a React component library for custom search UI, and the Solstice algorithm update enhancing search capabilities. Overall, these advancements aim to streamline digital experiences for businesses.
Yext reported a 3% year-over-year revenue increase in Q2 FY2023, reaching $100.9 million, despite a $2.8 million negative impact from foreign currency exchange. Customer count rose 8% to over 2,870, and ARR grew 2% to $387 million. The company’s net loss narrowed to $20 million, with a net loss per share of $0.16. Yext is projecting Q3 revenue between $99 million and $100 million and an annual revenue forecast of $399.4 million to $401.4 million.
Yext, Inc. (NYSE: YEXT) announced that its second quarter fiscal year 2023 results will be disclosed on September 7, 2022, post-market close. The company will conduct a conference call at 4:30 p.m. (ET) to discuss the financial results with investors. A live webcast will be available on the Yext Investor Relations website. A replay of the event can be accessed until September 16, 2022 at specific dial-in numbers. Yext focuses on helping organizations provide accurate answers about their business through its Answers Platform.
Yext has appointed Raianne Reiss as its new Chief Marketing Officer, effective immediately. With over 20 years of experience, including leadership roles at Elastic and Amazon Web Services, Reiss will drive Yext's global marketing strategies and enhance brand demand. Reporting to Marc Ferrentino, President and COO, she aims to fuel Yext's growth and expand its market presence. Reiss emphasized the importance of providing relevant digital experiences to customers and is excited to collaborate with the Yext community.
Yext, the Answers company, has launched its Summer '22 Release, enhancing the Yext Answers Platform. This update introduces a name change from 'Answers' to 'Search' and provides significant product innovations aimed at improving user experience. Key features include new analytics for listings, improved custom pages development tools, and an AI data cleaning preview. The release emphasizes the platform's adaptability for businesses facing complex digital environments, enabling them to consolidate functionalities and create seamless multi-channel experiences.
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