Welcome to our dedicated page for Yext news (Ticker: YEXT), a resource for investors and traders seeking the latest updates and insights on Yext stock.
Yext, Inc. reports company news around its brand visibility and digital presence platform for multi-location brands. Its updates cover AI and machine-learning technology used to manage structured brand information across search, social media, websites, listings, reviews, reputation management, and customer engagement channels.
Recurring developments include quarterly and fiscal-year results, non-GAAP operating metrics, partner integrations with restaurant and digital marketing technology providers, and capital actions involving Yext common stock. News also reflects how the company positions its platform across AI search, traditional search, social channels, and direct communications for businesses managing digital presence at scale.
Yext, Inc. (NYSE: YEXT) will release its fourth quarter and full fiscal year 2023 results on March 7, 2023, after the market closes. The company will conduct a conference call at 5:00 p.m. ET to discuss these financial results with investors. A live webcast will be available on Yext's Investor Relations website. Interested parties can join the call via a dial-in number, with a replay available until March 14, 2023. Yext provides an Answers Platform that helps organizations manage and deliver business information effectively across digital platforms.
Yext has launched Yext Chat, an innovative product that allows organizations to create AI-powered conversational experiences using OpenAI's GPT-3. The product is available for closed beta testing, with a public release planned later this year.
Yext Chat leverages the Yext Knowledge Graph to ensure accurate and authoritative responses, setting it apart from general-purpose AI models which may provide unreliable information. This launch is part of Yext's ongoing integration of AI into its Answers Platform, enhancing customer interactions across various digital channels.
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Yext (NYSE: YEXT) has been ranked as the top software vendor in multiple categories by G2 for the 10th consecutive quarter. The company received positive feedback, achieving leadership status in 29 of G2's Winter Grid® Reports, including Local Listings Management and Reputation Management. Yext secured the #1 position in 10 reports, attributed to high user ratings and endorsements such as 'Best Estimated ROI' and 'Best Support.' President Marc Ferrentino emphasized the importance of user feedback in driving innovation, while customer reviews praised Yext for its ease of use and exceptional support.
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Yext has announced an integration with Apple Business Connect, enabling customers to customize their presence on Apple Maps. This tool allows businesses to claim location place cards and update them at scale, enhancing local engagement across various Apple apps. With this integration, Yext's Listings customers can automatically leverage the Business Connect API to streamline updates. Yext pushes over a billion updates annually and maintains over 100 million listings, positioning the company as a leader in local listings management.
Yext, Inc. (NYSE: YEXT) has appointed Yvette Martinez-Rea as the new EVP of Corporate Development, tasked with overseeing strategic growth initiatives. With over 25 years of experience, including leadership roles at Verizon and ESL North America, Martinez-Rea aims to leverage her expertise to drive new business opportunities and enhance operational efficiency. CEO Michael Walrath expressed confidence in her ability to contribute significantly to Yext's growth trajectory.
Yext (NYSE: YEXT) announced that Michael Walrath, CEO, will participate in a fireside chat at the 25th Annual Needham Growth Conference on January 10, 2023, at 8:45 AM ET. Darryl Bond, CFO, will also be available for one-on-one investor meetings on the same day.
A live webcast can be accessed via the Yext Investor Relations website, with a replay available until January 9, 2024. For over 15 years, Yext has been delivering content-driven experiences through its Answers Platform.
Yext (NYSE: YEXT) announced its Fall '22 Release, introducing significant new features aimed at enhancing its Answers Platform. Key updates include the Listings Verifier, providing organizations with improved visibility into listing accuracy, and the addition of Twitter and Instagram to its Publisher Network. The release also features Point-in-time Backups for SEO-optimized landing pages and Equinox Algorithm Update, enhancing user experience and support for multiple languages. These innovations position Yext to strengthen digital engagement for its clients.
Yext, Inc. reported revenue of $99.3 million for Q3 FY2023, a slight decrease from $99.5 million in Q3 FY2022. Adjusted for currency fluctuations, revenue grew by 4%. The company narrowed its net loss to $12.3 million or $0.10 per share, an improvement from $24.9 million last year. ARR increased by 1% to $390 million, with a customer count rise of 6% to 2,900. Yext aims for Q4 FY2023 revenue between $100-$101 million and anticipates a non-GAAP net income per share of $0.02-$0.03.