Yext, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2021
December 02, 2021 at 04:15 pm EST
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Yext, Inc. reported earnings results for the third quarter and nine months ended October 31, 2021. For the third quarter, the company reported sales was USD 99.53 million compared to USD 89.06 million a year ago. Net loss was USD 24.93 million compared to USD 22.04 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.18 a year ago.
For the nine months, sales was USD 289.65 million compared to USD 262.47 million a year ago. Net loss was USD 70.15 million compared to USD 76.38 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 0.64 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.
YEXT, INC. 
