Stock Market News

Yext shares jump 12% on Q1 beat

2023.06.06 18:38


© Reuters. Yext shares jump 12% on Q1 beat

Yext (NYSE:) shares gained more than 12% after-hours following the company’s reported , with EPS of $0.09 coming in better than the consensus estimate of $0.05.

Revenue increased 1% year-over-year to $99.5 million, compared to the consensus estimate of $98.55M. ARR grew 3% year-over-year to $398M. RPO was $428M as of April 30, 2023.

For Q2/24, the company expects EPS in the range of $0.06-$0.07, compared to the consensus of $0.05, and revenue in the range of $101.5-$102.5M, compared to the consensus of $100.1M.

For the full year, the company expects EPS in the range of $0.28-$0.29, compared to the consensus estimate of $0.21, and revenue in the range of $404-$40M, compared to the consensus estimate of $403.6M.

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