Yext Soars 10.7% on Strong Q1 Earnings
Yext's stock surged 10.7% in pre-market trading on June 4, 2025, driven by strong first-quarter financial results that exceeded analyst expectations.
Yext reported a revenue of $109.5 million for the first quarter of 2026, surpassing the forecast of $107.6 million. This marks a 14% increase year-over-year, driven by the integration of Hearsay Systems. The company's earnings per share (EPS) of $0.12 matched the forecast, while gross and net retention rates showed positive trends.
Yext's revenue guidance for the second quarter of 2025 is $111.3 million at the midpoint, which is above analyst estimates of $109.4 million. The company's non-GAAP profit for the next quarter is expected to be $0.88 per share, indicating a strong financial outlook.
Yext's remarkable performance in the first quarter is evident, with an impressive revenue growth rate of 11.85% as of January 31, 2025. The company's adjusted EBITDA for the first quarter came in at a record $24.7 million, exceeding the high end of its guidance.

Infórmate sobre los actores clave en el mercado de valores de los Estados Unidos antes de que comience la sesión de negociación.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet