Yext Third Quarter 2024 Earnings: US$0.004 loss per share (vs US$0.10 loss in 3Q 2023)

Yext (NYSE:YEXT) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$101.2m (up 1.9% from 3Q 2023).
• Net loss: US$468.0k (loss narrowed by 96% from 3Q 2023).
• US$0.004 loss per share (improved from US$0.10 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Yext Earnings Insights

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 17% from a week ago.

Valuation

Yext's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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