Yext Q3 2022 Earnings Report
Key Takeaways
Yext, Inc. reported a 12% increase in revenue to $99.5 million for the third quarter of fiscal year 2022. The company's customer count increased by 20% year-over-year, and ARR grew by 12% to $387 million. While the company experienced a net loss of $24.9 million, cash and cash equivalents remained strong at $230 million.
Revenue increased by 12% year-over-year to $99.5 million.
Customer count increased by 20% year-over-year to over 2,700.
ARR increased by 12% year-over-year to $387 million.
Cash and cash equivalents totaled $230 million.
Yext
Yext
Forward Guidance
Yext provided revenue guidance for the fourth quarter of fiscal 2022 to be in the range of $100.0 million to $102.0 million. Non-GAAP net loss per share is projected to be $0.10 to $0.08. Full year fiscal 2022 revenue is projected to be in the range of $389.7 million to $391.7 million and Non-GAAP net loss per share is projected to be $0.22 to $0.20.