NYSE$YEXT
Yext Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Yext's second quarter of fiscal year 2022 was driven by new customers and upsells, with revenue increasing 11% year-over-year.
Yext announced its results for the second quarter of fiscal 2022, with revenue of $98.1 million, an 11% increase compared to the second quarter of fiscal 2021. The customer count increased 23% year-over-year to over 2,600.
- Revenue increased 11% year-over-year to $98.1 million.
- Gross profit increased 8% year-over-year to $71.5 million.
- Customer count increased 23% year-over-year to over 2,600.
- ARR increased 12% year-over-year to $378 million.
Headline financials
Revenue & EPS history
Yext · Revenue · Quarterly
$98.1M
Forward guidance
Yext provided guidance for its third fiscal quarter ending October 31, 2021 and the fiscal year ending January 31, 2022.
Tailwinds
- Revenue is projected to be in the range of $97.5 million to $98.5 million for Q3 2022.
- Non-GAAP net loss per share is projected to be $0.08 to $0.06 for Q3 2022.
- Revenue is projected to be in the range of $386 million to $388 million for FY 2022.
- Non-GAAP net loss per share is projected to be $0.24 to $0.20 for FY 2022.
- Yext continues to be a critical partner for businesses by driving operational efficiencies, especially within marketing and support.
Headwinds
- Non-GAAP net loss per share is projected to be $0.08 to $0.06 for Q3 2022.
- Non-GAAP net loss per share is projected to be $0.24 to $0.20 for FY 2022.
- Net loss of $27.6 million, compared to the net loss of $25.1 million in the second quarter fiscal 2021.
- Net loss per share of $0.22 in the second quarter fiscal 2022, compared to net loss per share of $0.21 in the second quarter fiscal 2021.
- Net cash used in operating activities was $32.6 million for the three months ended July 31, 2021, compared to net cash used in operating activities of $15.6 million for the three months ended July 31, 2020.
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 2022
-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
| Quarter | Report date | Reaction (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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