Yext, Inc. Reports Earnings Results for the Fourth Quarter Ended January 31, 2024
March 06, 2024 at 04:07 pm EST
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Yext, Inc. reported earnings results for the fourth quarter ended January 31, 2024. For the fourth quarter, the company reported sales was USD 101.11 million compared to USD 101.9 million a year ago. Net income was USD 1.69 million compared to net loss of USD 7.8 million a year ago.
Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.06 a year ago.
Yext, Inc. is a provider of an answer platform. The Company is engaged in organizing businesses facts to deliver relevant, actionable answers to consumer questions throughout the digital ecosystem. Its platform lets businesses structure the facts about their brands in a database called the Knowledge Graph. Its platform is built to leverage the structured data stored in the Knowledge Graph to deliver a search experience on a business or organization's own Website, as well as across over 200 service and application providers, which it refers to as its Publisher Network, and includes Amazon Alexa, Apple Maps, Bing, Cortana, Facebook, Google, Google Assistant, Google Maps, Siri, and Yelp. The Company's platform offers various features, including Listings, Pages, and Search, along with its other features and capabilities. The Company also offers field user support, which includes one-on-one training, review of content based on brand guidelines, and other support services.