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.
Yext, Inc. (NYSE: YEXT) reported its fourth quarter and fiscal year 2022 results, showcasing a 9% revenue growth to $100.9 million, alongside an 8% increase in gross profit to $76.4 million. Despite these improvements, the company experienced a net loss of $23.1 million, up from $18.3 million in the previous year. Non-GAAP metrics indicated a net loss per share of $0.18. Annual revenue reached $390.6 million, a 10% rise year-over-year. The company also provided guidance for Q1 FY 2023 with projected revenues of $96.3 - $97.3 million.
Yext (NYSE: YEXT) has launched a global startup program aimed at assisting early-stage companies in enhancing their digital presence through AI search solutions. Eligible startups, under five years old with less than $5 million in funding, can receive credits worth $35,000 to develop Yext-powered search experiences. Participants gain access to unlimited data storage, APIs, SDKs, and networking opportunities. Yext collaborates with over 20 partners including Zendesk and Hubspot to broaden the program's reach and support.
Yext (NYSE: YEXT) has been named a featured technology partner by WordPress VIP, joining an elite group of enterprise technology companies. This partnership enables WordPress VIP's enterprise clients, such as Facebook and Merck, to enhance their websites with Yext's advanced AI search capabilities. Yext's new plugin simplifies integration for users, offering a no-code framework that improves user experience. The partnership reflects Yext's commitment to leveraging AI for better search outcomes in enterprise environments, providing direct answers rather than standard keyword-based results.
Yext, the AI Search Company, is set to release its fourth quarter and full fiscal year 2022 results on March 8, 2022, after market close. A conference call will follow at 4:30 p.m. ET to discuss the financial results. Investors can access the live webcast on the Yext Investor Relations website. Yext aims to enhance enterprise search with its AI-powered platform, transforming how businesses provide answers to customer queries, moving beyond outdated keyword search technologies.
Yext, the AI Search Company, has been recognized as a leader in enterprise search by G2 and SoftwareReviews in their latest reports. For the fifth consecutive quarter, Yext maintained its 'leader' status across Enterprise and Mid-Market segments in G2's Winter 2022 Report. The company received accolades for its customer-centric solutions, including badges for 'Easiest To Use' and 'Best Support.' Yext ranked No. 1 in ten reports and was recognized in new categories, driving its expansion in AI-powered search. This recognition showcases Yext's commitment to enhancing enterprise search capabilities.
Yext, the AI Search Company, announced new solutions for healthcare organizations to enhance patient experiences through personalized AI search. With 80% of consumers using search engines for local information, Yext's platform consolidates data into a knowledge graph, allowing healthcare providers to offer direct answers tailored to patient inquiries. Key features include AI search experiences, unbranded landing pages for capturing search intent, and reputation management tools to foster trust. Yext aims to improve pre-appointment experiences and help patients find the right providers effectively.
Yext, the AI Search Company (NYSE: YEXT), announced a new integration with Freshdesk, enhancing customer support experiences through AI-powered search capabilities. This integration allows businesses to utilize Yext's advanced search technology to improve help site searches, agent desktop searches, and ticket deflection, reducing the number of support tickets. The integration is available for a 30-day free trial for mutual clients, aiming to provide efficient solutions and enhance customer satisfaction.
Yext, Inc. (NYSE: YEXT) has announced the general availability of its Winter '21 Release, enhancing its AI search platform with innovative features. Key updates include a modernized Listings interface, consumer authorization for secure user experiences, and robust data connector updates for better data unification. The new Answers Headless React tool enables businesses to build customized AI-powered search frontends. These advancements aim to meet the growing needs of marketers, developers, and customer support teams, promoting a more efficient and effective search experience.
Yext, Inc. (NYSE: YEXT) has received three awards in Built In's 2022 Best Places to Work, including 'Best Large Companies to Work For' in New York City and the Bay Area. These awards recognize companies based on employee benefits, DEI programs, and workplace culture. Yext employs over 1,300 staff globally and offers comprehensive benefits, flexible vacation, and resources supporting diverse workstyles. The company aims to create exceptional workplaces that adapt to employee needs amidst ongoing changes in the tech industry.
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