Yext, Inc. Announces Third Quarter Fiscal 2020 Results
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Yext, Inc. (YEXT) Misses Q3 EPS by 1c; Offers Q4 & FY20 EPS/Revenue Guidance Below Consensus
December 5, 2019 4:21 PM ESTYext, Inc. (NYSE: YEXT) reported Q3 EPS of ($0.19), $0.01 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $76.4 million versus the consensus estimate of $76.36 million.
Third Quarter Fiscal 2020 Highlights:
Revenue of $76.4 million, a 30% increase as compared to the $58.6 million reported in the third quarter fiscal 2019.Gross Profit of $56.0 million, a 28% increase as compared to the $43.7 million reported in the third quarter fiscal 2019. Gross margin of 73.3% as compared to 74.6% reported in third quarter fiscal 2019.Net Loss and Non-GAAP Net Loss:Net loss of $42.7 million increased 86%... More