secwatch.observer — SEC 8-K summary
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Issuer:     Yext, Inc. (YEXT)
CIK:        0001614178
Form:       8-K
Filed at:   2022-09-07T23:59:59+00:00
Accession:  0001614178-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yext Q2 FY2023 revenue $100.9M (+3% YoY); net loss narrows to $20.0M
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- Revenue $100.9M (+3% YoY); gross margin 73.2% (vs 72.9% yr ago); FX headwind ~$2.8M.
- GAAP net loss $20.0M ($0.16/sh) vs $27.6M ($0.22) prior yr; non-GAAP loss $3.9M ($0.03).
- ARR $387M (+2% YoY); customer count over 2,870 (+8% YoY); cash $188M.
- RPO $327M, with $310M expected over next 24 months.
- Issues Q3 FY2023 and updated FY2023 guidance; management cites progress toward profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1614178/000161417822000038/0001614178-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1614178/000161417822000038/yext-20220907.htm
  HTML page:      https://secwatch.observer/filing/0001614178-22-000038

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