Yext plans to acquire Hearsay Systems, saying the move will create a single digital marketing platform to power the customer journey and accelerate brands' conversion of prospects into loyal customers.
Yext, Inc. (NYSE:YEXT ) Q1 2025 Earnings Conference Call June 10, 2024 5:00 PM ET Company Participants Nils Erdmann - Senior Vice President, Investor Relations Mike Walrath - Chief Executive Officer and Chair of the Board Darryl Bond - Chief Financial Officer Conference Call Participants Tom White - DA Davidson Rohit Kulkarni - ROTH Capital Partners Ryan MacDonald - Needham Naved Khan - B. Riley Securities Operator Good afternoon, and welcome to the Yext, Inc. First Quarter Fiscal 2025 Financial Results Conference Call.
Shares of Yext Inc. tumbled on Monday after the online-marketing platform trimmed its full-year sales outlook and forecast second-quarter results that were below Wall Street's expectations, amid what management called a “challenged” environment marked by tighter customer spending.
Yext (YEXT) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.08 per share a year ago.
Search engine optimization (SEO) firm Yext is reportedly considering a sale. The company has hired investment bankers after attracting takeover interest, Reuters reported Friday (June 7), citing unnamed sources.
Yext , a maker of software that promotes companies' information in online search directories and websites, is preparing to explore a sale after attracting takeover interest, according to people familiar with the matter.
Yext (NYSE: YEXT ) layoffs are coming for the cloud customer services company's employees as it wants to lower its operating expenses. The Yext layoffs will result in 12% of the company's workers losing their jobs.
Yext's (YEXT) earnings and revenues are expected to have declined in first-quarter fiscal 2025.