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. (YEXT) provides a cloud-based platform that synchronizes business location data across search engines, maps, and voice assistants. This page aggregates official news releases and verified updates about Yext's product innovations, financial performance, and strategic partnerships.
Investors and businesses will find timely updates on earnings reports, platform enhancements like powerlistings® expansions, and integrations with key services including Google Maps and Alexa. Content spans corporate announcements, technology milestones, and market positioning within the digital knowledge management sector.
Bookmark this page to monitor Yext developments including new client acquisitions, API updates for structured data management, and analyst insights about competitive positioning. All content is sourced from authorized releases to ensure reliability for investment research and operational planning.
Yext, Inc. (NYSE: YEXT) has launched Studio, a no-code visual editor that enables both technical and non-technical users to build custom websites effortlessly. The Studio utilizes a drag-and-drop interface for developing React-based, statically generated web properties while ensuring SEO optimization. This tool aims to enhance collaboration among web teams by allowing users to modify content visually, with all changes tracked in a shared GitHub repository. Yext's President, Marc Ferrentino, emphasizes that Studio democratizes website creation, allowing users without technical expertise to build high-performing sites efficiently.
Yext has joined the MACH Alliance, an industry group promoting open technology ecosystems. This membership demonstrates Yext's compliance with the MACH standards: microservices-based, API-first, cloud-native SaaS, and headless architecture. The partnership allows Yext to enhance its Answers Platform, which offers integrative solutions for businesses to connect various digital experiences efficiently. With this certification, Yext aims to facilitate the shift from outdated systems to flexible, best-of-breed technologies.
Yext, Inc. reported its Q4 FY23 results, achieving revenue of $101.9 million, a 1% year-over-year increase. The full-year FY23 revenue reached $400.9 million, up 3%. The company reported a net loss of $7.8 million for Q4, improving from a loss of $23.1 million in Q4 FY22. Non-GAAP net income was $6.3 million versus a loss of $4.1 million a year earlier. Annual Recurring Revenue (ARR) rose 3% to $400 million, with customer count increasing 7% to over 2,960. Yext anticipates Q1 FY24 revenue between $98.0 million and $99.0 million and full-year revenue guidance of $402.0 million to $406.0 million.
Yext (NYSE: YEXT) announces participation in the 35th Annual Roth Conference on March 13, 2023. CEO
A live video and audio webcast can be accessed via the Yext Investor Relations website, with a replay available until March 12, 2024. Yext continues to empower organizations by providing authoritative answers through its innovative Answers Platform, enhancing customer engagement across various digital platforms.
Yext has unveiled new generative AI capabilities within its Knowledge Graph, aimed at automating and enhancing content creation processes for businesses. The feature will officially launch in March, following a successful year-long pilot with select customers. This innovation employs large language models, including GPT-3, to generate and suggest tailored content that aligns with a client's existing information and brand identity. Organizations can streamline creating various content types, from descriptions to blog posts, while maintaining quality control through a review workflow.
Yext, Inc. (NYSE: YEXT) has announced its Investor Day, scheduled for April 4, 2023, at its headquarters in New York City. Presentations will begin at 2:00 p.m. ET (11:00 a.m. PT), featuring insights from the executive leadership team about the company's strategy, vision, and financial objectives. A live Q&A session will follow. Interested attendees can register to attend in person or watch via live broadcast on the Yext Investor Relations website. A replay and supporting materials will be available post-event.
Yext, Inc. (NYSE: YEXT) will release its fourth quarter and full fiscal year 2023 results on March 7, 2023, after the market closes. The company will conduct a conference call at 5:00 p.m. ET to discuss these financial results with investors. A live webcast will be available on Yext's Investor Relations website. Interested parties can join the call via a dial-in number, with a replay available until March 14, 2023. Yext provides an Answers Platform that helps organizations manage and deliver business information effectively across digital platforms.
Yext has launched Yext Chat, an innovative product that allows organizations to create AI-powered conversational experiences using OpenAI's GPT-3. The product is available for closed beta testing, with a public release planned later this year.
Yext Chat leverages the Yext Knowledge Graph to ensure accurate and authoritative responses, setting it apart from general-purpose AI models which may provide unreliable information. This launch is part of Yext's ongoing integration of AI into its Answers Platform, enhancing customer interactions across various digital channels.
