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Yext reports Q1 adjusted EPS 13c, consensus 11c

Reports Q1 revenue $109.5M, consensus $107.59M. “Our first quarter results demonstrate solid execution and growing interest in our expanding platform,” said Michael Walrath, Yext (YEXT) Chairman and CEO. “We exceeded guidance on both revenue and profitability, delivered record Adjusted EBITDA, and saw encouraging early adoption of new offerings. With the launch of Scout, continued traction from Social, and steady engagement across our core verticals, we’re positioning Yext to help brands navigate a rapidly evolving search and discovery landscape. We remain focused on executing with discipline and investing in long-term growth.”

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