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Yext Fiscal Q2 Non-GAAP Earnings, Revenue Fall -- Shares Jump
2024-09-05 04:39
04:39 PM EDT, 09/04/2024 (MT Newswires) -- Yext (YEXT) reported fiscal Q2 non-GAAP earnings late Wednesday of $0.05 per diluted share, down from $0.06 a year earlier.
Four analysts polled by Capital IQ expected $0.03.
Revenue in the quarter ended July 31 fell to $97.9 million from $102.6 million a year earlier. Analysts surveyed by Capital IQ expected $98.1 million.
In fiscal 2025, the company expects revenue of $420 million to $421 million. Analysts expect revenue of $395.5 million.
Shares rose almost 9% in recent after-hours activity.
Price: 5.3500, Change: +0.43, Percent Change: +8.74
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