secwatch.observer — SEC 8-K summary
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Issuer:     Yext, Inc. (YEXT)
CIK:        0001614178
Form:       8-K
Filed at:   2024-09-04T23:59:59+00:00
Accession:  0001614178-24-000100
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yext Q2 FY2025 rev $97.9M (-5% YoY); Adj EBITDA $9.8M; full-year outlook $420-421M rev
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- Revenue $97.9M, down 5% YoY; net loss $4.1M ($0.03 EPS); non-GAAP net income $6.8M ($0.05 EPS).
- Direct ARR $313.4M, up sequentially from $312.1M; total ARR $381.8M, down 4% YoY; NRR 91%.
- Full-year FY2025 guidance: revenue $420-421M, Adjusted EBITDA $66-67M.
- Director Tamar Yehoshua resigns from Board effective Sept 13, 2024 to focus on Glean role; no disagreement.
- Share repurchase resumed: $0.2M in Q2; $49.8M remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1614178/000161417824000100/0001614178-24-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1614178/000161417824000100/yext-20240902.htm
  HTML page:      https://secwatch.observer/filing/0001614178-24-000100

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