Yext(YEXT)

Search documents
Yext(YEXT) - 2022 Q2 - Quarterly Report
2021-09-03 20:34
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, 2021 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 ...
Yext(YEXT) - 2022 Q2 - Earnings Call Transcript
2021-09-02 23:07
Yext, Inc. (NYSE:YEXT) Q2 2022 Earnings Conference Call September 2, 2021 4:30 PM ET Company Participants Jeff Houston - VP, IR Howard Lerman - Co-Founder, CEO & Director David Rudnitsky - President & CEO Steve Cakebread - CFO Conference Call Participants Matt Coss - JPMorgan Ryan MacDonald - Needham & Company Nic Cronin - Truist Securities Arjun Bhatia - William Blair Rohit Kulkarni - MKM Partners Operator Good afternoon, and welcome to the Yext Second Quarter Fiscal 2022 Earnings Conference Call. All pa ...
Yext(YEXT) - 2022 Q1 - Quarterly Report
2021-06-04 20:19
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2021 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☐ 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 organi ...
Yext(YEXT) - 2021 Q1 - Earnings Call Presentation
2021-05-28 22:15
1 The Answers Platform First Quarter Fiscal 2022 Financial Results 2 This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding revenue and revenue growth, profitability, operating efficiencies, hiring and sales headcount, operating cash flow, product pipeline and the timing of product availability, market ...
Yext(YEXT) - 2022 Q1 - Earnings Call Transcript
2021-05-28 02:47
Yext, Inc. (NYSE:YEXT) Q1 2022 Earnings Conference Call May 27, 2021 4:30 PM ET Company Participants Dominic Paschel - SVP Howard Lerman - CEO and Fouder David Rudnitsky - President and Chief Revenue Officers Steve Cakebread - CFO Conference Call Participants Ryan MacDonald - Needham Naved Khan - Truist Securities Arjun Bhatia - William Blair Stan Zlotsky - Morgan Stanley Operator Good day, and welcome to the Yext First Quarter Fiscal 2022 Financial Results Conference Call. [Operator Instructions] After tod ...
Yext (YEXT) Presents At Global,Techolongy, Media & Communication Virtual Conference - Slideshow
2021-05-25 19:43
1 The Answers Platform Howard Lerman, Founder and CEO JP Morgan TMT | May 24, 2021 2 This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding revenue and revenue growth, profitability, operating efficiencies, hiring and sales headcount, operating cash flow, product pipeline and the timing of product avai ...
Yext(YEXT) - 2021 Q4 - Annual Report
2021-03-16 20:28
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, 2021 YEXT, INC. (Exact name of registrant as specified in its charter) OR (State or other jurisdiction of incorporation or organization) 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 De ...
Yext(YEXT) - 2021 Q4 - Earnings Call Transcript
2021-03-04 00:49
Yext, Inc. (NYSE:YEXT) Q4 2021 Earnings Conference Call March 3, 2021 4:30 PM ET Company Participants Yuka Broderick - Head, IR Howard Lerman - CEO David Rudnitsky - President and Chief Revenue Officers Steve Cakebread - CFO Conference Call Participants Naved Khan - Truist Securities Matt Coss - JPMorgan Arjun Bhatia - William Blair Rohit Kulkarni - MKM Partners Brett Knoblauch - Berenberg Capital Markets Ryan MacDonald - Needham Stan Zlotsky - Morgan Stanley Tom White - D.A. Davidson Operator Good afternoo ...
Yext(YEXT) - 2021 Q3 - Quarterly Report
2020-12-04 21:25
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 October 31, 2020 OR YEXT, INC. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 20-8059722 For the transition period from to Comm ...
Yext(YEXT) - 2021 Q3 - Earnings Call Transcript
2020-12-04 01:58
Financial Data and Key Metrics Changes - The third quarter revenue grew 17% year-over-year to $89.1 million, with unearned revenue increasing 20% year-over-year to $129 million [31] - Annual recurring revenue (ARR) at the end of Q3 was $346 million, up 18% year-over-year from $293 million reported in the same quarter last year [31] - Q3 GAAP net loss was $22 million, compared to a loss of $42.7 million in the year-ago quarter, representing a 48% improvement [34] - Non-GAAP net loss for Q3 was $2.8 million, a significant improvement from the $21.6 million loss in the year-ago quarter [34] Business Line Data and Key Metrics Changes - Closed 86 Answers-led deals in Q3, driving over 30% of new and upsell annual contract value (ACV) compared to 20% in Q2 [10] - The total number of mid-market and enterprise customers increased 28% year-over-year to nearly 2,300, excluding SMB and third-party reseller customers [24] - New logo deals included significant contracts with a top three U.S. financial institution and Chewy, while upsell deals included Humana and Wells Fargo [25][26] Market Data and Key Metrics Changes - The company experienced muted upsells, particularly among customers with retail footprints and in the EMEA region due to COVID-related economic lockdowns [31] - The trailing 12-month net dollar-based retention rate was 103%, with direct enterprise retention at 104% [31] Company Strategy and Development Direction - The company is focused on driving revenue growth through the "Land with Answers" sales motion while improving operational efficiency [11][50] - The "Answers, Not Ads" campaign aims to position the company as a leader in branded search, emphasizing the need for businesses to provide direct answers rather than ads [16] - The integration with WordPress is expected to accelerate adoption of Answers among mid-sized customers by simplifying the setup process [45] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the near-term outlook due to ongoing global economic uncertainties and potential lockdowns [36] - The company anticipates Q4 revenue to be between $87 million and $89 million, with a non-GAAP net loss per share expected between $0.08 and $0.10 [36] - Management remains optimistic about long-term growth opportunities driven by the Answers platform and operational efficiencies [37] Other Important Information - The company welcomed Hillary Smith to its Board of Directors, highlighting her experience in the tech industry [22] - Cash and cash equivalents were reported at $209 million, indicating a strong balance sheet to navigate the current economic environment [35] Q&A Session Summary Question: Guidance for Q4 and growth dynamics - Management indicated that Q4 may be more challenging due to lockdowns and emphasized the need for upsells from customers [42][43] Question: New WordPress integration and its impact - The WordPress integration is aimed at mid-sized customers, allowing for easier setup of Answers without coding [45] Question: Success of Answers versus other business areas - In Q3, 86 Answers deals were closed, representing significant momentum and efficiency in sales [49] Question: Progress on removing onboarding bottlenecks - The company is focused on making the product more self-serve and has seen improvements in customer onboarding processes [54] Question: Impact of the U.S. Election on deal cycles - Management reported no significant influence from the U.S. Election on deal cycles [62] Question: Sustainability of operational expense improvements - Management believes that many of the cost-saving measures implemented will be sustainable moving forward [66]