NYSE$YEXT

Yext Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Yext's revenue and EPS exceeded guidance, driven by the 'Land with Answers' sales motion and new logo acquisitions.

Yext announced a solid second quarter with revenue of $88.1 million, a 22% increase year-over-year. The company exceeded the high end of its revenue and EPS guidance, driven by sales efficiencies and new customer acquisitions.

  • Revenue increased 22% year-over-year to $88.1 million.
  • Gross profit increased 24% year-over-year to $66.1 million with a gross margin of 75.0%.
  • Net loss was $25.1 million, an improvement from the $29.3 million net loss in the second quarter of fiscal 2020.
  • Cash and cash equivalents totaled $223 million as of July 31, 2020.

Headline financials

Total Revenue

$88.1M

Previous: $72.4M+21.7%
EPS (adj)

-$0.07

Previous: -$0.11+36.4%
Capital Expenditures

-$40.1M

Previous: -$4.45M-800.3%
Free Cash Flow

-$65.2M

Previous: -$33.7M-93.2%
Net Income

-$25.1M

Previous: -$29.3M+14.3%
Operating Income

-$24.2M

Previous: -$30.3M+20.0%
Gross Profit

$66.1M

Previous: $53.1M+24.4%
Cash & Equivalents

$223M

No prior period
Total Assets

$532M

No prior period
Stock-Based Comp

$17.2M

No prior period

Revenue & EPS history

Yext · Revenue · Quarterly

$88.1M

Q2 2021+21.7%vs Q2 2020
Beat estimate in 4 of 16 quarters(25%)
ActualEstimate

Forward guidance

Yext projects revenue to be in the range of $86 million to $88 million for the third fiscal quarter ending October 31, 2020. Non-GAAP net loss per share is projected to be $0.09 to $0.07, assuming 120.4 million weighted-average basic shares outstanding.

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 Q2 2021

Historical avgQ2 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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro