Yext, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023
December 05, 2023 at 04:04 pm EST
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Yext, Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 101.16 million compared to USD 99.28 million a year ago. Net loss was USD 0.468 million compared to USD 12.31 million a year ago.
For the nine months, sales was USD 303.22 million compared to USD 298.95 million a year ago. Net loss was USD 4.32 million compared to USD 58.14 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.46 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.46 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. 
