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Yext, Inc.'s (YEXT) CEO Howard Lerman on Q4 2021 Results - Earnings Call Transcript

Mar. 03, 2021 7:49 PM ETYext, Inc. (YEXT) Stock
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Yext, Inc. (NYSE:YEXT) Q4 2021 Earnings Conference Call March 3, 2021 4:30 PM ET

Company Participants

Yuka Broderick - Head, IR

Howard Lerman - CEO

David Rudnitsky - President and Chief Revenue Officers

Steve Cakebread - CFO

Conference Call Participants

Naved Khan - Truist Securities

Matt Coss - JPMorgan

Arjun Bhatia - William Blair

Rohit Kulkarni - MKM Partners

Brett Knoblauch - Berenberg Capital Markets

Ryan MacDonald - Needham

Stan Zlotsky - Morgan Stanley

Tom White - D.A. Davidson


Good afternoon, and welcome to the Yext Fourth Quarter Fiscal 2021 Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Yuka Broderick, Head of Investor Relations. Please go ahead.

Yuka Broderick

Thank you, Gary, and good afternoon, everyone. Welcome to Yext’s fiscal fourth quarter 2021 conference call. With me today are CEO, Howard Lerman; President and Chief Revenue Officers, David Rudnitsky; and CFO, Steve Cakebread.

Before we begin, I’d like to remind everyone that this call may contain forward-looking statements, including statements about revenue, non-GAAP net income, operating cash flow, sales efficiency, hiring targets, expense margins, market opportunities, business performance, including of our Listings and Answers products, capital expenditures, and other non-historical statements as further described in our press release.

These forward-looking statements are subject to certain risks, uncertainties, and assumptions, including those related to Yext’s growth, the evolution of our industry, our product development and success, including with Answers, and general economic and business conditions such as the impact of the COVID-19 pandemic.

We undertake no obligation to revise any statements to reflect changes that occur after this call. Descriptions of these and other risks that

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