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Yext, Inc. - YEXT STOCK NEWS

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. (symbol: YEXT) is a leading global digital location management (DLM) company headquartered in New York City. Yext specializes in helping over 500,000 business locations connect with mobile consumers through an extensive network of more than 100 app, map, directory, search engine, and social media partners, including Apple, Bing, Facebook, Foursquare, Yahoo, and Yelp.

Yext's mission is to empower the world's 50 million businesses to harness the power of location data and drive both face-to-face and digital interactions. This leads to enhanced customer engagement, audience building, and increased sales. The company achieves this through three core product offerings: PowerListings®, Pages, and Xone™.

Aside from its impressive client base, Yext's knowledge engine platform allows businesses to manage their digital knowledge in the cloud. This digital knowledge is structured information that businesses want to make publicly accessible and is synced across nearly 200 services, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri, and Yelp.

Yext makes search intelligent by offering precise, accurate, and up-to-date answers to location-based queries, whether they're conducted online, via mobile apps, or through voice and AI engines. The company derives the majority of its revenue from subscription services, with a significant portion coming from North America and the remainder from international markets.

The company's achievements and accolades include being recognized as one of America’s fastest-growing companies by Inc. 500 (#212 in 2015), one of Forbes' most promising companies (2014 & 2015), and one of Fortune's best places to work (2014 & 2015). Yext's team has grown to over 400 employees worldwide, reflecting its rapid expansion and innovative culture.

Stay updated on the latest news and developments of Yext, Inc. to see how this industry leader continues to evolve and influence the digital landscape.

Rhea-AI Summary

Yext, Inc. released a report showcasing a 186% increase in Google clicks for brands managing information across a wide publisher network. The research emphasizes the importance of information consistency on multiple platforms, with significant benefits for organic search performance.

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Yext launches Customer Success program to enhance customer support and accelerate business outcomes. The program offers proactive solutions leveraging AI-driven data and expert insights to drive competitive advantage. Three tailored offerings cater to different customer needs, including free resources, expert collaboration, and hands-on support.
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Yext, Inc. (NYSE: YEXT) announces its Q4 and full-year fiscal 2024 results, showcasing its digital presence platform for multi-location brands. The company will host a conference call to discuss financial performance with investors.
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Yext, Inc. (YEXT) will release its Q4 and full fiscal year 2024 results on March 6, 2024, followed by a conference call. The event aims to discuss financial performance with investors, offering a webcast and dial-in options for participation.
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Yext, Inc. (NYSE: YEXT) has been honored with eight of Built In's 2024 Best Places To Work awards, including in the U.S., New York City, Washington D.C., and Chicago. Built In, a tech recruiting company, recognizes the top workplaces annually, taking into account companies of all sizes across the United States. This recognition reflects the company's commitment to providing a positive work environment.
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Yext, Inc. (NYSE: YEXT) announced that senior management will participate in fireside chats and host investor meetings at the upcoming 26th Annual Needham Growth Conference and ROTH MKM 36th Annual Conference. Michael Walrath, CEO and Chair of the Board, will participate in a fireside chat at the Needham Growth Conference, while Company representatives will participate in a fireside chat at the ROTH MKM Conference. Senior executives will also be available for one-on-one and group meetings with attending investors at both conferences.
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Yext, Inc. (NYSE: YEXT) reported a 2% increase in revenue to $101.2 million for the third quarter of fiscal year 2024. The company achieved a gross profit of $79.1 million, a 7% increase, and a gross margin of 78.2%. Yext also saw a positive impact of approximately $1.4 million from foreign currency exchange rates. The company's net loss was $0.5 million, compared to $12.3 million in the same period in fiscal 2023. Adjusted EBITDA was $13.5 million, compared to $7.1 million in the third quarter fiscal 2023. ARR increased 2% year-over-year to $396.8 million. Cash and cash equivalents were $182.2 million as of October 31, 2023. Yext provided guidance for the fourth quarter and full fiscal year 2024, projecting revenue in the range of $100.0 to $100.5 million for the fourth quarter and $403.2 million to $403.7 million for the full fiscal year.
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Yext, Inc. (YEXT) to release Q3 fiscal year 2024 results on December 5, 2023, and host a conference call to discuss financial performance.
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Yext recognized as a Major Player in the IDC MarketScape for General-Purpose Knowledge Discovery Software 2023 Vendor Assessment
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Yext, Inc. reports Q2 2024 revenue of $102.6 million, a 2% increase YoY. Net loss per share is $0.03, but non-GAAP earnings per share is $0.07. ARR increased 3% YoY to $398 million. Share repurchase program increased by $50 million.
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FAQ

What is the current stock price of Yext (YEXT)?

The current stock price of Yext (YEXT) is $7.78 as of November 15, 2024.

What is the market cap of Yext (YEXT)?

The market cap of Yext (YEXT) is approximately 995.9M.

What is Yext, Inc. known for?

Yext, Inc. is known for its digital location management solutions, helping businesses manage their online presence across multiple platforms.

What products does Yext offer?

Yext offers three core products: PowerListings®, Pages, and Xone™, designed to enhance customer engagement and drive sales.

How does Yext's platform benefit businesses?

Yext's platform helps businesses manage their digital knowledge in the cloud, ensuring accurate and up-to-date information across nearly 200 services.

What partners does Yext work with?

Yext works with over 100 partners including Apple, Bing, Facebook, Foursquare, Yahoo, and Yelp.

Where is Yext headquartered?

Yext is headquartered in the heart of New York City.

How does Yext generate its revenue?

Yext generates the majority of its revenue from subscription services, primarily from North America.

What recognition has Yext received?

Yext has been recognized by Inc. 500, Forbes, and Fortune as one of America's fastest-growing, most promising, and best places to work companies.

How many employees does Yext have?

Yext has a growing team of over 400 employees worldwide.

What is digital knowledge management?

Digital knowledge management involves organizing and making business information publicly accessible across various online platforms.

How does Yext enhance search capabilities?

Yext enhances search capabilities by providing precise, accurate, and current answers to location-based queries through its intelligent search solutions.

Yext, Inc.

NYSE:YEXT

YEXT Rankings

YEXT Stock Data

995.86M
127.92M
8.28%
72.59%
3.07%
Software - Infrastructure
Services-computer Processing & Data Preparation
Link
United States of America
NEW YORK