Yext, Inc. Announces Second Quarter Fiscal 2021 Results

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Yext, Inc. (YEXT) Tops Q2 EPS by 5c, Revenues Beat; Offers 3Q EPS Guidance Above Consensus

September 3, 2020 4:18 PM EDT

Yext, Inc. (NYSE: YEXT) reported Q2 EPS of ($0.07), $0.05 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $88.1 million versus the consensus estimate of $85.15 million.

Second Quarter Fiscal 2021 Highlights:

Revenue of $88.1 million, a 22% increase compared to the $72.4 million reported in the second quarter fiscal 2020.Gross Profit of $66.1 million, a 24% increase compared to the $53.1 million reported in the second quarter fiscal 2020. Gross margin of 75.0% compared to 73.4% reported in second quarter fiscal 2020.Net Loss and Non-GAAP Net Loss:Net loss of $25.1 million compared to the net... More