NYSE$YEXT

Yext Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Yext's first quarter revenue increased, customer count grew, and structured facts in the Knowledge Graph expanded, while the company issued guidance for the second quarter and announced a strategic relationship with Adobe.

Yext, Inc. announced its first quarter fiscal 2021 results with a 24% year-over-year increase in revenue to $85.4 million. The customer count increased by 36% year-over-year to nearly 2,100, and structured facts in the Yext Knowledge Graph increased by 43% to over 295 million.

  • Revenue increased 24% year-over-year to $85.4 million.
  • Customer count increased 36% year-over-year to nearly 2,100.
  • Structured Facts in the Yext Knowledge Graph Increased 43% to Over 295 Million
  • Announced Global Technology Strategic Relationship with Adobe

Headline financials

Total Revenue

$85.4M

Previous: $68.7M+24.2%
EPS (adj)

-$0.10

Previous: -$0.05-100.0%
Capital Expenditures

$21.3M

Previous: -$831K+2660.2%
Free Cash Flow

-$21.9M

Previous: -$19.8M-10.8%
Net Income

-$29.2M

Previous: -$19M-54.1%
Operating Income

-$29.2M

Previous: -$19.3M-51.6%
Gross Profit

$64.2M

Previous: $52.2M+22.8%
Cash & Equivalents

$249M

No prior period
Total Assets

$537M

No prior period
Stock-Based Comp

$17.4M

No prior period

Revenue & EPS history

Yext · Revenue · Quarterly

$85.4M

Q1 2021+24.2%vs Q1 2020
Beat estimate in 3 of 16 quarters(19%)
ActualEstimate

Forward guidance

Yext provided the following guidance for its second fiscal quarter ending July 31, 2020. Withdrew previously issued full year fiscal 2021 guidance.

Tailwinds

  • Revenue is projected to be in the range of $84 million to $86 million.

Headwinds

  • Non-GAAP net loss per share is projected to be $0.13 to $0.11 which assumes 118.5 million weighted-average basic shares outstanding.
  • With the uncertainty surrounding the ongoing impact of the COVID-19 pandemic, we are withdrawing our previously issued full year fiscal 2021 guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.9%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-4.4%

Avg return

30 days after

36%

13 / 36 earnings

Positive

+44.0%

Q1 2024

Best reaction

-27.9%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-2.7%-7.3%-39.0%
Q3 2026-4.6%-5.8%-8.0%
Q2 2026-1.5%-1.7%-4.2%
Q1 2026+31.6%+28.3%+21.1%
Q4 2025-4.1%-6.1%-10.2%
Q3 2025-17.0%-23.6%-23.3%
Q2 2025+15.6%+32.6%+39.7%
Q1 2025-2.3%-2.3%-4.5%
Q4 2024+12.2%+3.3%+2.8%
Q3 2024-21.4%-19.3%-21.6%
Q2 2024-27.9%-26.1%-31.3%
Q1 2024+44.0%+40.4%+10.8%
Q4 2023+9.6%-0.5%-3.0%
Q3 2023+20.9%+15.6%+24.1%
Q2 2023+8.4%+12.5%+10.8%
Q1 2023+6.6%+4.3%-4.5%
Q4 2022-10.5%-1.5%+7.5%
Q3 2022+11.9%+16.2%+8.4%
Q2 2022-6.0%-8.0%-12.9%
Q1 2022+15.5%+9.2%+16.3%
Q4 2021-17.8%-22.1%-16.4%
Q3 2021-16.2%-15.0%-16.0%
Q2 2021-16.0%-17.0%-20.1%
Q1 2021-7.5%-11.5%-1.7%
Q4 2020+1.5%-4.4%-39.7%
Q3 2020-13.8%-17.1%-13.8%
Q2 2020-10.7%-6.9%-10.3%
Q1 2020-5.9%-5.4%+2.9%
Q4 2019+14.0%+17.2%+10.4%
Q3 2019-18.6%-15.4%-18.1%
Q2 2019-7.1%-5.8%-11.4%
Q1 2019+12.2%+14.0%+27.7%
Q4 2018-3.8%-6.2%-4.7%
Q3 2018-3.9%-9.5%-14.3%
Q2 2018-3.7%-4.0%-1.7%
Q1 2018-11.6%-12.3%-9.6%
Q4 2017
Q3 2016
Q2 2016
Q1 2016
Q4 2015

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