Yext Sees FY24 EPS $0.29-$0.30 Vs $0.28 Est.; Revenue $405M-$407M Vs $406.38M Est.
Portfolio Pulse from Happy Mohamed
Yext has provided its full year fiscal 2024 outlook, projecting revenue in the range of $405.0 million to $407.0 million, adjusted EBITDA between $50.0 million to $52.0 million, and non-GAAP net income per share between $0.29 to $0.30. These projections are slightly above the estimated figures.
September 06, 2023 | 8:36 pm
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POSITIVE IMPACT
Yext's FY24 outlook is slightly above estimates, which could positively impact the company's stock price in the short term.
Yext's projected revenue, adjusted EBITDA, and non-GAAP net income per share for FY24 are all slightly above the estimated figures. This positive outlook could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100