NYSE$YEXT

Yext Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Yext's third quarter results for fiscal year 2022 were announced, featuring a customer count increase of 20% year-over-year, revenue growth of 12% year-over-year, and an 18% increase in unearned revenue year-over-year.

Yext, Inc. reported a 12% increase in revenue to $99.5 million for the third quarter of fiscal year 2022. The company's customer count increased by 20% year-over-year, and ARR grew by 12% to $387 million. While the company experienced a net loss of $24.9 million, cash and cash equivalents remained strong at $230 million.

  • Revenue increased by 12% year-over-year to $99.5 million.
  • Customer count increased by 20% year-over-year to over 2,700.
  • ARR increased by 12% year-over-year to $387 million.
  • Cash and cash equivalents totaled $230 million.

Headline financials

Total Revenue

$99.5M

Previous: $89.1M+11.8%
EPS (adj)

-$0.04

Previous: -$0.02-100.0%
Capital Expenditures

-$12.3M

Previous: -$53.9M+77.1%
Free Cash Flow

-$37.3M

Previous: -$76M+51.0%
Net Income

-$24.9M

Previous: -$22M-13.1%
Operating Income

-$24.4M

Previous: -$21.8M-11.9%
Gross Profit

$74.3M

Previous: $67.4M+10.2%
Cash & Equivalents

$230M

Previous: $209M+10.0%
Total Assets

$556M

Previous: $515M+8.0%
Stock-Based Comp

$19.5M

Previous: $19.3M+0.9%

Revenue & EPS history

Yext · Revenue · Quarterly

$99.5M

Q3 2022+11.8%vs Q3 2021
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Forward guidance

Yext provided revenue guidance for the fourth quarter of fiscal 2022 to be in the range of $100.0 million to $102.0 million. Non-GAAP net loss per share is projected to be $0.10 to $0.08. Full year fiscal 2022 revenue is projected to be in the range of $389.7 million to $391.7 million and Non-GAAP net loss per share is projected to be $0.22 to $0.20.

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 2022

Historical avgQ3 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

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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