Yext Non-GAAP EPS of -$0.03 beats by $0.05, revenue of $100.9M misses by $0.14M

• Yext press release (NYSE:YEXT): Q4 Non-GAAP EPS of -$0.03 beats by $0.05.
• Revenue of $100.9M (+9.4% Y/Y) misses by $0.14M.
• Q123 Outlook: Revenue is projected to be in the range of $96.3 million to $97.3 million (consensus: $103.79M) and Non-GAAP net loss per share is projected to be $0.08 to $0.07 (consensus: -$0.05) which assumes 131.9 million weighted-average basic shares outstanding.
• FY23 Outlook: Revenue is projected to be in the range of $403.3 million to $407.3 million (consensus: $444.71M) and Non-GAAP net loss per share is projected to be $0.19 to $0.17 (consensus: -$0.09)which assumes 134.3 million weighted-average basic shares outstanding.

Comments

[NYSJ]

Wow this one hurts. CFO leaving is not good. He had good street cred with sell side analysts. Guidance seems flat YoY which given the valuation makes sense. But no real growth strategy. Ouch!!!

[El Financeiro]

Yeah.. that guidance will bury this one.

[TopGun2]

RIP

[Stephan Otzen]

@TopGun2
What a desaster...

[TopGun2]

@Stephan Otzen well said