Yext, Inc. (YEXT) Tops Q1 EPS by 2c

Yext, Inc. (NYSE: YEXT) reported Q1 EPS of ($0.13), $0.02 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $37.08 million versus the consensus estimate of $35.4 million.

GUIDANCE:

Yext, Inc. sees Q2 2017 EPS of ($0.15)-($0.13) versus consensus of ($0.13), revenues of $40-40.5 million versus consensus of $39.8 million.

Sees FY2017 EPS of ($0.52)-($0.48), versus the consensus of ($0.46). Yext, Inc. sees FY2017 revenue of $169-170 million, versus the consensus of $165.6 million.

"We are very pleased with Yext's first quarter as a public company, which was highlighted by strong revenue growth of 37% as compared to the first quarter last year, the substantial expansion of gross margins, and the launch of exciting new services and features," said Howard Lerman, Co-Founder and Chief Executive Officer of Yext.

For earnings history and earnings-related data on Yext, Inc. (YEXT) click here.

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