NEW YORK (AP) _ Yext Inc. (YEXT) on Thursday reported a loss of $24.9 million in its fiscal third quarter.
The New York-based company said it had a loss of 19 cents per share. Losses, adjusted for stock option expense, were 4 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The software developer posted revenue of $99.5 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $98.1 million.
For the current quarter ending in January, Yext expects its results to range from a loss of 10 cents per share to a loss of 8 cents per share.
The company said it expects revenue in the range of $100 million to $102 million for the fiscal fourth quarter.
Yext expects full-year results to range from a loss of 22 cents per share to a loss of 20 cents per share, with revenue ranging from $389.7 million to $391.7 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YEXT at https://www.zacks.com/ap/YEXT
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