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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.
Yext (NYSE: YEXT) has been ranked as the top software vendor in multiple categories by G2 for the 10th consecutive quarter. The company received positive feedback, achieving leadership status in 29 of G2's Winter Grid® Reports, including Local Listings Management and Reputation Management. Yext secured the #1 position in 10 reports, attributed to high user ratings and endorsements such as 'Best Estimated ROI' and 'Best Support.' President Marc Ferrentino emphasized the importance of user feedback in driving innovation, while customer reviews praised Yext for its ease of use and exceptional support.
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.
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.
Yext (NYSE: YEXT) announced that
A live webcast can be accessed via the Yext Investor Relations website, with a replay available until
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.
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.
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.
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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