Yext Stock Price, News & Analysis

Yext, Inc. (NYSE: YEXT) has partnered with Casio Computer Co., Ltd. to enhance Casio's eCommerce sites across Japan, Malaysia, and Singapore using Yext eCommerce Search. Following initial success, Casio plans to implement Yext as a standard for all global websites. Key outcomes include a 3x higher conversion rate for users who utilize Yext's search and a 6% increase in average order value. The project aims to improve customer experience and sales, with future expansions planned across APAC, EMEA, and North America.

A Yext survey reveals that 73% of consumers are unlikely to revisit businesses with inaccurate hours. The survey of over 1,000 U.S. consumers found that 44% visited closed stores due to this issue. An analysis of 2.4 million business locations showed that only 8.6% updated their hours for Memorial Day 2021. Yext emphasizes the importance of accurate business information, especially during holidays, as 52% of surveyed consumers feel uncertain about businesses with outdated hours. Yext offers solutions to improve listing accuracy across various platforms.

Yext, Inc. (NYSE: YEXT) announced that its first quarter fiscal year 2023 results will be disclosed on June 8, 2022, after the market closes. A conference call is scheduled for 4:30 p.m. (ET) to discuss these results with investors. A live webcast of the event will be available on the Yext Investor Relations website. The company aims to enhance the ability of organizations to provide authoritative answers through its Answers Platform, supporting brands and governmental organizations worldwide.

Yext, Inc. (NYSE: YEXT) announced its Spring '22 Release, enhancing platform functionality with new features aimed at improving user efficiency. Key updates include an improved navigation system, new Google sync settings for better listing management, and a drag-and-drop interface for customizing search results. The update also introduces the 'Nebula' algorithm for improved search functionality and multi-language support. These enhancements aim to empower businesses to deliver exceptional digital experiences.

Yext, the Answers Company, has been recognized as the #1 provider in the Local Listings Management category on G2 for the seventh consecutive quarter. This accolade is attributed to positive customer reviews highlighting Yext's expansive publisher network, real-time profile updates, and user-friendly interface. The company pushes over a billion updates annually and integrates with over 100 million listings across major platforms like Google and Amazon Alexa. Recent product updates introduced new features, improving customer service and user experience.

Yext has been recognized as a top software provider in G2's 2022 Best Software Awards, earning accolades in three categories: Analytics and AI, Commerce, and Marketing and Digital Advertising. This marks Yext's debut on the G2 Best Software lists, yet the company has consistently received high ratings in quarterly reports, being named a Leader in 23 reports, including ranking #1 in 11. Yext's President emphasized the company's commitment to enhancing customer experiences and its innovative Support Answers solution has gained traction.

Yext, Inc. (NYSE: YEXT) announced that its AI-based search solution, Support Answers, has received the KCS v6 Aligned designation from the KCS Academy for its effectiveness in implementing KCS best practices. This recognition signals Yext's commitment to enhancing customer support through improved content findability and self-service options. The KCS designation reflects the platform's robust natural language processing capabilities. A digital event, 'KM Outcomes: Findability vs. Discoverability', hosted by Yext's industry head Joe Jorczak, is scheduled for April 28, 2022.

Yext (NYSE: YEXT) has launched its Spring '22 Release, featuring the new "Nebula" algorithm update designed to enhance AI search efficiency for businesses. The update introduces several new tools including improved navigation, a revamped search merchandiser, and enhanced data connectors for better integration. Key features aim to streamline the construction and management of search experiences for both customers and employees. Yext remains committed to helping organizations optimize their online presence and deliver superior customer experiences.

Yext (NYSE: YEXT) has announced a share repurchase program approved by its Board of Directors, allowing the company to buy back up to $100 million of its outstanding common stock. This program will be executed in compliance with Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act. The move aims to enhance shareholder value by reducing the number of outstanding shares, potentially improving earnings per share (EPS) and demonstrating confidence in the company's future prospects.