Financial Data and Key Metrics Changes - The company reported record profitability in fiscal year 2024 despite a challenging operating environment [9] - There was an increase in sales productivity, reaching the highest level in the last four years [22] - The outlook anticipates a reacceleration of ARR growth into the high single digits by the end of fiscal year 2025 [49] Business Line Data and Key Metrics Changes - The company is focusing on core product offerings such as listings, pages, reviews, and search products, reallocating investments to enhance customer satisfaction [11][12] - There has been a significant increase in year-over-year lead volume and higher pipeline creation, driven by demand generation initiatives [25][26] Market Data and Key Metrics Changes - The company maintains a conservative outlook on the market environment, expecting continued uncertainty around the economy, inflation, and interest rates [14] - The demand generation machine has been improved, leading to better alignment of marketing campaigns with customer needs [31] Company Strategy and Development Direction - The company plans to invest in Generative AI features and enhance social management and analytics capabilities [12][13] - There is a strategic shift towards providing broader solutions to reduce the number of vendors for customers, focusing on efficiency and value [40][41] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges faced over the past two years but expresses pride in the team's resilience and commitment [16] - The company expects to see continued discussions with customers centered around the value derived from the platform, creating opportunities for upsells [40] Other Important Information - The company experienced churn from a large customer, impacting revenue and retention metrics, but this has been factored into the guidance for fiscal year 2025 [46][49] - The company is seeing an acceleration of "boomerang customers," indicating a return of former clients due to improved offerings [52] Q&A Session Summary Question: Focus on product roadmap and new capabilities - Management discussed the need to refocus on core offerings and the development of social media management capabilities [18][19] Question: Sales productivity and hiring plans - Management indicated that direct sales productivity is at its highest in four years and plans to increase sales capacity in a measured way [21][22] Question: Year-over-year lead volume and demand generation initiatives - Management clarified that while lead volume has increased, they do not expect a significant uptick in the spending environment [25][26] Question: Customer budgets and upsell opportunities - Management expects discussions to focus on the value customers receive from the platform, creating upsell opportunities [40] Question: Impact of churn from a large customer - Management confirmed that the churn from an $11 million customer will impact revenue and retention metrics in fiscal year 2025 [46][49] Question: Demand for specific products and pipeline progression - Management noted strong demand for core products and improvements in the efficiency of the demand generation machine [51][56]

EXHIBIT 99.1 Wednesday, March 6, 2024 Dear Shareholders, Fiscal 2024 was a year of significant progress for Yext. We set out to run our organization with more efficiency, to increase our productivity, and to take the necessary steps to operate profitably. We refocused on putting our customers' needs and satisfaction at the center of our decision making. I'm pleased with our achievements across all these objectives, and encouraged by the momentum we are carrying into the first quarter of our new fiscal year. ...

Yext, Inc (NYSE:YEXT) Q3 2024 Earnings Conference Call December 5, 2023 5:00 PM ET Company Participants Nils Erdmann - Senior Vice President, Investor Relations Mike Walrath - Chairman and Chief Executive Officer Darryl Bond - Chief Financial Officer Conference Call Participants Wyatt Swanson - D.A. Davidson Rohit Kulkarni - ROTH MKM Naved Khan - B. Riley Matt Shea - Needham Chris Madison - William Blair Operator Good afternoon and welcome to the Yext Fiscal Third Quarter 2024 Earnings Conference Call. [Ope ...

Financial Performance - Total revenue for the three months ended October 31, 2023, was $101,164,000, representing a 1.9% increase from $99,280,000 in the same period of 2022[20] - Gross profit for the three months ended October 31, 2023, was $79,098,000, up from $73,617,000 in the prior year, indicating a gross margin improvement[20] - Net loss for the three months ended October 31, 2023, was $468,000, significantly reduced from a net loss of $12,310,000 in the same quarter of 2022[20] - Total revenue for the three months ended October 31, 2023, was $101.2 million, a 1.8% increase from $99.3 million in the same period of 2022[39] - Total revenue for the nine months ended October 31, 2023, was $303.2 million, a 1% increase from $299.0 million in the same period of 2022, driven by new customer subscriptions[134] - Gross profit for the nine months ended October 31, 2023, was $237.4 million, reflecting a gross margin of 78.3%, up from 74.1% in the same period of 2022[138] - The net loss for the three months ended October 31, 2023, was $468,000, a significant improvement from a net loss of $12.3 million in the same period of 2022[125] - Non-GAAP net income for the nine months ended October 31, 2023, was $30.0 million, compared to a non-GAAP net loss of $9.2 million in the same period of 2022[149] Cash and Liquidity - Cash and cash equivalents as of October 31, 2023, were $182,156,000, down from $190,214,000 at the beginning of the fiscal year[17] - The company reported net cash provided by operating activities of $18,137,000 for the nine months ended October 31, 2023, compared to a net cash used of $18,092,000 in the prior year[27] - As of October 31, 2023, the company had cash and cash equivalents of $182.2 million, sufficient to meet projected operating requirements for at least the next 12 months[152] - The company may seek additional equity or debt financing in the future to support capital requirements and potential acquisitions[154] - The company has maintained compliance with all debt covenants as of October 31, 2023[161] Assets and Liabilities - Total assets decreased to $431,640,000 as of October 31, 2023, from $523,761,000 as of January 31, 2023[17] - Total liabilities decreased to $295,294,000 as of October 31, 2023, from $395,738,000 as of January 31, 2023[17] - Stockholders' equity increased to $136,346,000 as of October 31, 2023, from $128,023,000 as of January 31, 2023[17] - The company’s accumulated deficit increased to $680,859,000 as of October 31, 2023, from $676,542,000 as of January 31, 2023[17] Revenue Sources - Revenue from North America for the nine months ended October 31, 2023, was $239.3 million, representing 79% of total revenue, while international revenue was $63.9 million[40] - Revenue from Direct Customers was $82.3 million for the three months ended October 31, 2023, a 4% increase from $78.9 million in 2022, while revenue from Third-Party Reseller Customers decreased by 7% to $18.9 million[128] - Professional services revenue accounted for approximately 8% of total revenue for the nine months ended October 31, 2023[38] - The company had no single customer accounting for more than 10% of total revenue for the three and nine months ended October 31, 2023[36] Operating Expenses - Operating expenses for the three months ended October 31, 2023, were $80,879,000, down from $85,749,000 in the same period of 2022[20] - Cost of revenue decreased to $22.1 million for the three months ended October 31, 2023, down 14% from $25.7 million in 2022, primarily due to lower employee-related costs[129] - Sales and marketing expenses decreased by 8% to $45.4 million for the three months ended October 31, 2023, compared to $49.4 million in the same period of 2022[131] - General and administrative expense decreased by 8% to $17.2 million for the three months ended October 31, 2023, down from $18.7 million in the same period of 2022[133] - Research and development expense was $18.3 million for the three months ended October 31, 2023, an increase of 4% from $17.6 million in the same period of 2022[132] Stock-Based Compensation - The total stock-based compensation expense for the nine months ended October 31, 2023, was $34.335 million, a decrease from $48.990 million in the same period of 2022[72] - The aggregate intrinsic value of options vested and expected to vest and exercisable is $1.282 million as of October 31, 2023[60] - The company’s stock-based compensation for the nine months ended October 31, 2023, was $34.576 million, compared to $49.376 million for the same period in 2022[75] - The total unrecognized compensation cost related to the Employee Stock Purchase Plan (ESPP) as of October 31, 2023, was $0.8 million, expected to be amortized over 0.37 years[68] Customer Metrics - As of October 31, 2023, the company had approximately 2,980 customers, reflecting its ability to grow its enterprise and mid-size customer base[111] - Total Annual Recurring Revenue (ARR) increased to $396.8 million for the year ended October 31, 2023, up 2% from $389.5 million in 2022[116] - Direct Customers ARR rose to $326.6 million, a 3% increase from $317.3 million in the previous year, while Third-Party Reseller Customers ARR decreased by 3% to $70.2 million[116] - The dollar-based net retention rate for Direct Customers improved to 97% in 2023 from 96% in 2022, while Third-Party Reseller Customers increased significantly from 89% to 95%[118] Challenges and Risks - The company has faced significant leadership changes, including the resignation of key executives in 2022 and 2023[200] - The company has experienced challenges in recruiting and retaining a sufficient sales force, which is critical for revenue growth[205] - Adverse economic conditions, including inflation and reduced technology spending, may negatively impact business performance[195] - The company is exposed to foreign currency exchange rate risks that could negatively impact revenue and increase expenses for international operations[209] - The company may face challenges in renegotiating agreements with third-party application providers, which could lead to loss of access to critical resources and negatively affect customer subscriptions[213] - Future profitability is uncertain, with the need to generate increased revenue and reduce expenses to achieve profitability[194]

Investor Presentation September 6, 2023 Safe Harbor Statement Statements in this presentation that are not statements of historical facts are forward-looking statements and should be evaluated as such. Forward-looking statements include, but are not limited to, statements regarding our expected financial and operating results in future periods and statements regarding our expectations regarding the growth of our company, our market opportunity, product roadmap, including artificial intelligence, sales effic ...

Financial Data and Key Metrics Changes - Revenue for Q2 grew to $102.6 million, up 2% year-over-year, or 1% in constant currency [15][116] - Net income for Q2 was $8.1 million compared to a net loss of $3.9 million in the year-ago quarter [35] - Annual recurring revenue (ARR) was $397.7 million, up 3% year-over-year, with direct ARR increasing by 5% [125] - Gross profit for Q2 was $81 million, representing a gross margin of 78.9%, compared to 74.5% in the year-ago quarter [109] Business Line Data and Key Metrics Changes - Direct customers represented 82% of total ARR, with direct ARR totaling $327.2 million, an increase of 5% year-over-year [125] - Third-party resellers, which represented 18% of total ARR, delivered ARR of $70.5 million, a decrease of 6% year-over-year [125] - Sales and marketing costs as a percentage of revenue were 42% in Q2 compared to 48% in the second quarter of last year [126] Market Data and Key Metrics Changes - The macro environment continues to exert pressure on customer budgets, leading to longer sales cycles and increased scrutiny on spending [5][24] - The company is seeing a mixed response from enterprises, with some being cautious while others are aggressively expanding their digital experiences [39][56] Company Strategy and Development Direction - The company is focused on improving sales productivity and qualified demand generation as part of its go-to-market transformation [6][23] - Continued emphasis on margin improvement has enabled the company to grow its bottom line while managing expenses effectively [25] - The summer '23 release features enhancements to the digital experience platform, leveraging AI to meet market demands [10][120] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about the operating environment in the back half of the year, expecting budget scrutiny and prolonged sales cycles to persist [7][117] - The company anticipates revenue for Q3 in the range of $101.5 million to $102.5 million, reflecting ongoing macroeconomic challenges [127] - There is confidence in the long-term growth opportunities despite current headwinds, with a focus on optimizing direct business [107][125] Other Important Information - The company has authorized an additional $50 million for its share repurchase program, totaling $138 million since March of last year [17][26] - The net retention rate for direct customers was 98%, while for third-party resellers, it was 92% [34] Q&A Session Summary Question: What is the impact of the macro environment on new logos and existing customers? - The macro environment is causing more scrutiny and budget pressure, affecting both new logos and existing customers, particularly in larger enterprises [129] Question: Can you elaborate on the dynamics of boomerang customers? - Boomerang customers are primarily those who left for lower-cost solutions but returned due to unmet expectations from competitors [97][88] Question: How is the company addressing pricing and packaging to drive renewals? - The company is focusing on consolidating capabilities to create more value for customers while addressing budget scrutiny [74][71] Question: What is the outlook for margin expansion without top-line growth? - There are opportunities for margin expansion through increased sales productivity, but it is essential to balance this with revenue growth [76][82] Question: How does the company view the potential for AI solutions in the market? - There is significant interest in AI solutions, but larger enterprises may take longer to adopt due to regulatory and compliance concerns [111][43]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38056 YEXT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiz ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38056 YEXT, INC. (Exact name of registrant as specified in its charter) Washington, D.C. 20549 FORM 10-Q (Mark One) Delaware 20-8059722 (State or other jurisdiction of inc ...

Yext, Inc. (NYSE:YEXT) Q1 2024 Earnings Conference Call June 6, 2023 5:00 PM ET Company Participants Nils Erdmann - Senior Vice President, Investor Relations Michael Walrath - Chief Executive Officer and Chair of the Board Marc Ferrentino - President and Chief Operating Officer Darryl Bond - Chief Financial Officer Conference Call Participants Thomas White - D.A. Davidson Ryan MacDonald - Needham & Company Rohit Kulkarni - ROTH MKM Christopher Madison - William Blair Operator Hello and welcome to the Yext I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38056 YEXT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) ...