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Yext posted a net income of $6.1M and strong adjusted EBITDA of $27.2M on revenue of $112.0M, while continuing to evaluate strategic alternatives amid a takeover proposal.
Revenue came in at $112.0M, down slightly from the prior year.
Net income was $6.1M, reversing a net loss in the prior year.
Adjusted EBITDA rose to $27.2M with a 24% margin.
Yext is actively reviewing a buyout proposal from its CEO.
Yext did not provide forward guidance due to the ongoing strategic review and acquisition proposal.
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