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Shares of Yext (NYSE:YEXT) moved lower by 10.7% in after-market trading after the company reported Q3 results.
Earnings per share rose 89.47% over the past year to ($0.02), which beat the estimate of ($0.08).
Revenue of $89,061,000 rose by 16.62% from the same period last year, which beat the estimate of $87,190,000.
Yext Sees Q4 Adj. EPS $(0.10)-$(0.08) vs $(0.08) Estimate, Sales $87M-$89M vs $94M Est.
Details Of The Call
Date: Dec 03, 2020
Time: 04:30 PM
Recent Stock Performance
52-week high: $20.90
52-week low: $8.56
Price action over last quarter: Up 17.45%
Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to over 100 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives its revenues primarily from subscription services.
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