secwatch.observer — SEC 8-K summary
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Issuer:     Yext, Inc. (YEXT)
CIK:        0001614178
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001614178-24-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yext reports Q4 GAAP net income of $1.7M; revenue $101.1M slightly down YoY
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- Q4 revenue $101.1M, down 1% YoY; excluding large customer churn would have been slightly up.
- First quarterly GAAP net income of $1.7M (EPS $0.01) vs net loss of $7.8M in prior year.
- FY revenue $404.3M (+1%); GAAP net loss improved to $2.6M from $65.9M; Non-GAAP net income $42.3M.
- Adjusted EBITDA Q4 $14.8M (+36% YoY); full year $54.6M (up 245% from $15.8M).
- ARR at FY-end $387.4M vs $400.4M; expects growth re-acceleration in 2H FY2025 with increased sales capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1614178/000161417824000010/0001614178-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1614178/000161417824000010/yext-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001614178-24-000010

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