Yext, Inc. Announces Record First Quarter Fiscal 2020 Results
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Yext, Inc. (YEXT) Tops Q1 EPS by 5c, Revenues Beat; Offers Q2 EPS & FY20 EPS Mid-Point Guidance Below Consensus, Q2 & FY20 Revenue Mid-Points Below Consensus
May 30, 2019 4:28 PM EDTYext, Inc. (NYSE: YEXT) reported Q1 EPS of ($0.05), $0.05 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $68.7 million versus the consensus estimate of $66.7 million.
Revenue of $68.7 million, a 35% increase as compared to the $51.0 million reported in first quarter fiscal 2019.Gross Profit of $52.2 million, a 37% increase as compared to the $38.2 million reported in first quarter fiscal 2019. Gross margin of 76.0% as compared to the 74.9% reported in first quarter fiscal 2019.Net Loss and Non-GAAP Net Loss:Net loss of $19.0 million increased 11% as compared to the $17.0 million... More