Yext, Inc. (YEXT) Tops Q1 EPS by 4c

Yext, Inc. (NYSE: YEXT) reported Q1 EPS of ($0.02), $0.04 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $92 million versus the consensus estimate of $88.55 million.

"We are kicking off this year with a very strong first quarter," said Howard Lerman, Founder and CEO of Yext. "We continue to grow revenue while increasing our business efficiencies and cash position. We are now expanding our search platform to include support search, and have an incredible roadmap that will allow us to deliver AI search everywhere across the enterprise. Our team is energized, and we\'re in a great position as the world begins to reopen."

GUIDANCE:

Yext, Inc. sees Q2 2022 EPS of ($0.09)-($0.07), versus the consensus of ($0.05). Yext, Inc. sees Q2 2022 revenue of $94-96 million, versus the consensus of $92.96 million.

Yext, Inc. sees FY2022 EPS of ($0.22)-($0.17), versus the consensus of ($0.16). Yext, Inc. sees FY2022 revenue of $381-386 million, versus the consensus of $377.75 million.

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

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