Yext Full Year 2024 Earnings: EPS Beats Expectations
Yext (NYSE:YEXT) Full Year 2024 Results
Key Financial Results
Revenue: US$404.3m (flat on FY 2023).
Net loss: US$2.63m (loss narrowed by 96% from FY 2023).
US$0.021 loss per share (improved from US$0.53 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yext EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 67%.
In the last 12 months, the only revenue segment was Provider of The Answers Platform contributing US$404.3m. The largest operating expense was Sales & Marketing costs, amounting to US$178.8m (55% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$3.57m. Explore how YEXT's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 1.2% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Yext that you need to be mindful of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
