Yext Q2 Adj $0.05 Beats $0.03 Estimate, Sales $97.89M Miss $98.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Yext reported Q2 earnings of $0.05 per share, beating estimates by 66.67%, but sales of $97.89M missed expectations slightly. Earnings decreased by 16.67% and sales by 4.59% compared to last year.
September 04, 2024 | 8:09 pm
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Yext's Q2 earnings per share beat expectations, but sales slightly missed. Both earnings and sales decreased compared to last year.
Yext's earnings per share exceeded expectations, which is positive, but the sales miss and year-over-year declines in both earnings and sales could neutralize the positive impact. Investors may view the mixed results as a reason for caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100