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Jan 31, 2022
Yext Q4 2022 Earnings Report
Yext's customer count increased, revenue grew, and cash reserves were maintained.
Key Takeaways
Yext announced its Q4 and full year fiscal 2022 results, with a 9% increase in fourth-quarter revenue to $100.9 million and a 10% increase in full-year revenue to $390.6 million. The company's customer count increased by 15% year-over-year, and cash and cash equivalents increased to $261 million. However, the company reported a net loss of $23.1 million for the quarter, compared to a net loss of $18.3 million in the same quarter of the previous year.
Revenue increased 9% year-over-year to $100.9 million.
Customer count increased 15% year-over-year to over 2,700.
Cash and cash equivalents increased to $261 million.
ARR increased 10% year-over-year to $390 million.