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 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.
Nielsen joins Yext as Chief Revenue Officer, bringing over 20 years of experience in enterprise tech. His previous role at New Relic saw him lead a team that tripled year-over-year growth, nearing $1 billion in revenue. Nielsen will oversee global revenue operations and drive strategic alignment across revenue functions. His appointment is expected to enhance Yext's sales and go-to-market strategy, aligning with the company’s mission to innovate digital experience solutions.
Yext has appointed Evan Skorpen as an independent director on its Board of Directors, effective immediately. Skorpen, a Partner and Public Portfolio Manager at Lead Edge Capital, brings over 12 years of experience in overseeing investments in growth-stage technology companies. Known for his contributions to tech firms, he aims to leverage Yext's capabilities in delivering customer-driven digital experiences. His role is expected to enhance Yext's operational efficiency and growth trajectory as the company continues to innovate in the digital space.
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.
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.
