Yext shares are trading lower after the company reported worse-than-expected Q1 financial results, issued weak Q2 guidance and announced it will acquire Hearsay Systems.
Portfolio Pulse from Benzinga Newsdesk
Yext shares are trading lower following disappointing Q1 financial results, weak Q2 guidance, and the announcement of acquiring Hearsay Systems.
June 11, 2024 | 11:52 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Yext shares are trading lower due to worse-than-expected Q1 financial results, weak Q2 guidance, and the announcement of acquiring Hearsay Systems.
The combination of poor Q1 financial performance, weak Q2 guidance, and the announcement of an acquisition has led to a negative market reaction, causing Yext shares to trade lower.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100