NYSE$YEXT

Yext Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Yext's third quarter revenue increased by 17% year-over-year, reaching $89.1 million.

Yext reported a solid third quarter with revenue increasing by 17% year-over-year to $89.1 million. The company is focused on bringing modern search to businesses and improving sales efficiency.

  • Revenue increased 17% year-over-year to $89.1 million.
  • Gross profit increased 20% year-over-year to $67.4 million with a gross margin of 75.7%.
  • Net loss was $22.0 million, an improvement from the $42.7 million loss in the third quarter of fiscal 2020.
  • Cash and cash equivalents totaled $209 million as of October 31, 2020.

Headline financials

Total Revenue

$89.1M

Previous: $76.4M+16.6%
EPS (adj)

-$0.02

Previous: -$0.19+89.5%
Capital Expenditures

-$53.9M

Previous: -$7.35M-634.3%
Free Cash Flow

-$76M

Previous: -$50.1M-51.8%
Net Income

-$22M

Previous: -$42.7M+48.4%
Operating Income

-$21.8M

Previous: -$42.8M+49.2%
Gross Profit

$67.4M

Previous: $56M+20.4%
Cash & Equivalents

$209M

No prior period
Total Assets

$515M

No prior period
Stock-Based Comp

$19.3M

No prior period

Revenue & EPS history

Yext · Revenue · Quarterly

$89.1M

Q3 2021+16.6%vs Q3 2020
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Forward guidance

Yext projects revenue to be in the range of $87 million to $89 million.

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 Q3 2021

Historical avgQ3 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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