Yext, Inc. Announces Fourth Quarter and Full Year Fiscal 2020 Results
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Yext, Inc. (YEXT) Tops Q4 EPS by 2c, Revenues Beat; Offers Q1 & FY21 EPS Guidance Below Consensus, Provides Q1 & FY20 Revenue Views
March 3, 2020 4:22 PM ESTYext, Inc. (NYSE: YEXT) reported Q4 EPS of ($0.12), $0.02 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $81.38 million versus the consensus estimate of $80.16 million.
Note to the reader: Yext adopted the revenue accounting standard ASC 606 for its fiscal year ended January 31, 2019 and the results for all periods presented below are reported on that basis.
Fourth Quarter Fiscal 2020 Highlights:
Revenue of $81.4 million, a 28% increase compared to the $63.8 million reported in the fourth quarter fiscal 2019.Gross Profit of $60.5 million, a 26% increase compared to the $48.1 million reported... More