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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.

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Yext has announced an integration with Apple Business Connect, enabling customers to customize their presence on Apple Maps. This tool allows businesses to claim location place cards and update them at scale, enhancing local engagement across various Apple apps. With this integration, Yext's Listings customers can automatically leverage the Business Connect API to streamline updates. Yext pushes over a billion updates annually and maintains over 100 million listings, positioning the company as a leader in local listings management.

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Yext, Inc. (NYSE: YEXT) has appointed Yvette Martinez-Rea as the new EVP of Corporate Development, tasked with overseeing strategic growth initiatives. With over 25 years of experience, including leadership roles at Verizon and ESL North America, Martinez-Rea aims to leverage her expertise to drive new business opportunities and enhance operational efficiency. CEO Michael Walrath expressed confidence in her ability to contribute significantly to Yext's growth trajectory.

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Yext (NYSE: YEXT) announced that Michael Walrath, CEO, will participate in a fireside chat at the 25th Annual Needham Growth Conference on January 10, 2023, at 8:45 AM ET. Darryl Bond, CFO, will also be available for one-on-one investor meetings on the same day.

A live webcast can be accessed via the Yext Investor Relations website, with a replay available until January 9, 2024. For over 15 years, Yext has been delivering content-driven experiences through its Answers Platform.

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Yext (NYSE: YEXT) announced its Fall '22 Release, introducing significant new features aimed at enhancing its Answers Platform. Key updates include the Listings Verifier, providing organizations with improved visibility into listing accuracy, and the addition of Twitter and Instagram to its Publisher Network. The release also features Point-in-time Backups for SEO-optimized landing pages and Equinox Algorithm Update, enhancing user experience and support for multiple languages. These innovations position Yext to strengthen digital engagement for its clients.

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Yext, Inc. reported revenue of $99.3 million for Q3 FY2023, a slight decrease from $99.5 million in Q3 FY2022. Adjusted for currency fluctuations, revenue grew by 4%. The company narrowed its net loss to $12.3 million or $0.10 per share, an improvement from $24.9 million last year. ARR increased by 1% to $390 million, with a customer count rise of 6% to 2,900. Yext aims for Q4 FY2023 revenue between $100-$101 million and anticipates a non-GAAP net income per share of $0.02-$0.03.

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Yext has introduced new features for restaurant brands, enabling them to manage pickup and delivery options via Google Business Profiles. This enhancement allows consumers to place orders directly through third-party services or a restaurant's website, thereby increasing user confidence while ordering. The implementation of Google Place Actions may enhance locations' visibility in organic search results. Yext's commitment to improving publisher integrations positions it as a leader in digital customer engagement, with over a billion updates annually across major platforms.

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Yext, Inc. (NYSE: YEXT) announced that its Q3 FY2023 earnings will be released on November 30, 2022, after market close. Following this, the company will host a conference call at 5:00 p.m. ET to discuss financial results. A live webcast will be available on Yext's Investor Relations website.

For more information, visit Yext's Investor Relations page.

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Yext (NYSE: YEXT) has launched its Fall '22 Release for early access, enhancing its Listings product. Key features include Listings Verifier for accurate listing visibility, new integrations with Twitter and Instagram, and improved notifications for users. The update also introduces Point-in-time Backups for easy version control of web pages and the Equinox Algorithm Update to enhance search functionality. These additions aim to improve user engagement and optimize digital experiences for organizations.

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Yext has launched its Search product in the AWS Marketplace, enabling AWS customers to streamline billing and procurement. This integration allows customers to purchase Yext Search using existing cloud commitments, facilitating a simplified purchasing experience. The product enhances natural language search capabilities and has received over 250 five-star reviews on G2. According to Marc Ferrentino, Yext's COO, this initiative accelerates time-to-value and expands their reach globally. The partnership with AWS, initiated in 2018, aims to improve digital experiences for organizations.

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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