Yext: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Yext (NYSE:YEXT) reported Q1 earnings with an EPS of $0.08, beating estimates by 60.0%. Revenue was up $651 thousand YoY. Last quarter, the company beat EPS estimates by $0.03, followed by a 10.48% increase in share price.

June 06, 2023 | 8:25 pm
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Yext reported Q1 earnings with an EPS of $0.08, beating estimates by 60.0%. Revenue was up $651 thousand YoY. Last quarter, the company beat EPS estimates by $0.03, followed by a 10.48% increase in share price.
Yext's Q1 earnings beat estimates by a significant margin, with an EPS of $0.08 compared to the estimated $0.05. This positive news, combined with the fact that the company's revenue increased by $651 thousand YoY, is likely to have a positive impact on the stock price in the short term. Additionally, the company's past performance shows that beating EPS estimates can lead to an increase in share price, as seen last quarter when the share price increased by 10.48% after beating EPS estimates by $0.03.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100