NYSE$YEXT

Yext Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced Q4 and full year fiscal 2020 results.

Yext reported a stunning Q4 and solid end to fiscal year 2020, driven by a terrific platform of products driving strong demand across the board.

  • Revenue of $81.4 million, a 28% increase compared to the $63.8 million reported in the fourth quarter fiscal 2019.
  • Gross Profit of $60.5 million, a 26% increase compared to the $48.1 million reported in the fourth quarter fiscal 2019.
  • Net loss of $30.6 million, compared to the net loss of $15.5 million in the fourth quarter fiscal 2019. The increased net loss was driven primarily by higher operating expenses, due to an overall increase in employee-related costs, as well as the impact of new lease arrangements, including New York, NY.
  • Non-GAAP net loss of $13.7 million, compared to the non-GAAP net loss of $3.2 million in the fourth quarter fiscal 2019.

Headline financials

Total Revenue

$81.4M

Previous: $63.8M+27.6%
EPS (adj)

-$0.12

Previous: -$0.08-50.0%
Net Income

-$30.6M

No prior period
Operating Income

-$30.6M

No prior period
Gross Profit

$60.5M

No prior period
Cash & Equivalents

$256M

No prior period
Total Assets

$564M

No prior period

Revenue & EPS history

Yext · Revenue · Quarterly

$81.4M

Q4 2020+27.6%vs Q4 2019
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

Forward guidance

Yext provided revenue guidance for its first fiscal quarter ending April 30, 2020 and the fiscal year ending January 31, 2021.

Tailwinds

  • First Quarter Fiscal 2021 Outlook: Revenue is projected to be $85.0 million to $87.0 million.
  • Full Year Fiscal 2021 Outlook: Revenue is projected to be $378.0 million to $382.0 million.
  • First Quarter Fiscal 2021 Outlook: Non-GAAP net loss per share is projected to be $0.14 to $0.11, which assumes 116.7 million weighted-average basic shares outstanding.
  • Full Year Fiscal 2021 Outlook: Non-GAAP net loss per share is projected to be $0.50 to $0.45, which assumes 119.5 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 Q4 2020

Historical avgQ4 2020

-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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