secwatch.observer — SEC 8-K summary
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Issuer:     Yext, Inc. (YEXT)
CIK:        0001614178
Form:       8-K
Filed at:   2022-06-08T23:59:59+00:00
Accession:  0001614178-22-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1614178/000161417822000027/0001614178-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1614178/000161417822000027/yext-20220608.htm
  HTML page:      https://secwatch.observer/filing/0001614178-22-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer