Yext Launches Yext Research Initiative, Q1 FY25 Earnings Up 14% YoY

Yext, Inc. (YEXT) has launched Yext Research, a new initiative providing insights into brand discovery in today's complex search landscape. The company reported a 14% YoY revenue increase to $109.5 million in Q1 FY25, with a record $24.7 million adjusted EBITDA and a 23% margin. Yext's future outlook is optimistic, with plans to scale up its innovative product, Yext Scout, which has gained significant traction.

Yext, Inc. (YEXT) has launched Yext Research, an innovative initiative aimed at providing marketers and SEO professionals with comprehensive insights into brand discovery trends in today's complex search landscape. The company reported a 14% year-over-year (YoY) revenue increase to $109.5 million in the first quarter of fiscal year 2025 (Q1 FY25), with a record $24.7 million adjusted EBITDA and a 23% margin [2].

Yext Research leverages over 2 billion data points and advanced modeling to analyze how brands perform across AI answers, local listings, reviews, social platforms, and third-party sites. The initiative includes Yext Research Partners, a collaborative program allowing select experts to access Yext's dataset for independent research, with Andrew Shotland of Local SEO Guide joining as an early advisor [2].

The company's recent acquisition of Places Scout and the introduction of Yext Scout, an AI-powered search and competitive intelligence agent, further demonstrate Yext's commitment to enhancing brand visibility and intelligence capabilities. Yext Scout has gained significant traction, positioning Yext as a leader in the digital presence platform for multi-location brands [2].

Yext's financial performance in Q1 FY25 was driven by the integration of Hearsay Systems, which contributed to the company's growth. The company reported positive net income of $0.01 per share and non-GAAP earnings per share (EPS) of $0.13. Adjusted EBITDA reached $24.7 million, with a 23% margin. The company's annual recurring revenue (ARR) stood at $446.5 million [2].

Yext's future outlook remains optimistic, with plans to scale up Yext Scout and continue expanding its product offerings. The company recently secured a $200 million senior secured term loan facility from BlackRock to support growth initiatives and strategic acquisitions [3].

Yext is scheduled to participate in major investor conferences in 2025, including the 37th Annual ROTH Conference and the 1st Annual D.A. Davidson Consumer & Technology Conference. The company will provide updates on its financial performance and strategic initiatives at these events [4].

References:
[1] https://www.gurufocus.com/news/2993919/yext-report-ai-search-gains-consumer-trust-yext-stock-news
[2] https://www.stocktitan.net/news/YEXT/
[3] https://www.stocktitan.net/news/YEXT/
[4] https://www.stocktitan.net/news/YEXT/