Yext Q1 revenue $98.8M (+7% YoY); net loss widens, launches $100M buyback

Yext, Inc.

2023-Q1 EPS reported -$0.20 revenue$98,802,000

Revenue $98.8M (+7% YoY); net loss $25.8M vs $17.6M YoY; non-GAAP EPS -$0.06 vs -$0.02.
ARR $387M (+5% YoY); unearned revenue $196M (+5%); customer count 2,830 (+11% YoY).
Cash $248M; repurchased >$55M under $100M buyback program through June 8, 2022.
Gross margin 75.0% vs 76.2% YoY; operating cash flow $17.9M vs $35.1M prior year.
Issued guidance for Q2 and full year FY2023; CFO Darryl Bond signed 8-K.

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