Darryl Bond
Mr. Tang replaced Darryl Bond as the Company's Chief Accounting Officer and principal accounting officer.
Highest-materiality recent filing
Daniel Englander and Andrew Sheehan elected as Class III directors; Sheehan faced 20.8M votes against (33%).
Yext Q1 FY27: Adj EBITDA margin 25%, ARR $440.8M; boosts buyback by $100M
Revenue $107.9M (-1% YoY); GAAP EPS $0.02; Non-GAAP EPS $0.15; Adj EBITDA $26.9M (25% margin).
Yext board adopts majority voting for director elections; updates bylaws
Adopted majority voting standard for uncontested director elections; plurality for contested.
Yext Q4 revenue $112M, non-GAAP EPS $0.15; ARR $444M; launches $140M tender offer
Q4 revenue $112.0M, down 1% YoY; FY26 revenue $446.6M, up 6% YoY driven by Hearsay integration.
Yext approves $338k in cash retention bonuses for CFO and GC
CFO Darryl Bond receives $28,280 cash retention bonus, payable after fiscal 2027 end.
Yext CEO withdraws $9/share buyout bid; company plans $150M self-tender
CEO Michael Walrath withdraws non-binding proposal to acquire Yext at $9.00/share due to inability to secure financing.
Yext Q3 FY2026 revenue $112.0M (-2% YoY); net income $6.1M vs loss year ago
Revenue $112.0M, down 2% YoY; net income of $6.1M versus net loss of $12.8M in Q3 FY2025.
Yext Q2 revenue $113M (+16% YoY); CEO offers $9/share buyout for all shares
Net income $26.8M vs loss $4.1M YoY; GAAP EPS $0.22 basic; non-GAAP EPS $0.13 basic.
Yext CEO proposes $9.00/share buyout; withdraws FY2026 guidance
CEO Michael Walrath submits non-binding proposal to acquire all outstanding shares not already owned at $9.00 per share cash.
Yext annual meeting elects three Class II directors, ratifies EY as auditor
Hillary Smith, Michael Walrath, Seth Waugh elected as Class II directors for term expiring 2028.
Revenue $109.5M, up 14% YoY; GAAP net income $0.01 EPS, non-GAAP EPS $0.13.
Yext secures $200M debt facility from BlackRock, updates Q1 FY26 guidance above range
Entered $200M senior secured term loan facility with BlackRock; proceeds for growth and acquisitions.
Yext appoints Allan Tang as Chief Accounting Officer effective April 25, 2025
Allan Tang appointed Chief Accounting Officer and principal accounting officer, replacing Darryl Bond.
Yext posts investor presentation; no material financial data provided
Investor presentation posted to Yext's IR page on April 2, 2025.
Yext Q4 revenue $113.1M (+12% YoY); record Adj. EBITDA $24.6M; adds $50M buyback
Q4 revenue $113.1M, up 12% YoY; GAAP net loss $7.3M ($0.06/share) vs net income $1.7M last year.
Yext acquires Places Scout for $20.3M cash plus $10M equity; guidance in-line or above
Acquired all units of Places Scout for $20.3M cash plus ~$10M incentive equity to key employees; strengthens local SEO and location intelligence.
Yext director Julie Richardson resigns; CEO Michael Walrath awarded $500,000 bonus
Julie Richardson resigns from Yext board effective Jan 31, 2025, after ~10 years; no disagreement cited.
Yext awards 234k RSUs to CEO Bond and 122k RSUs to EVP Shin as retention grants
Compensation Committee approved special retention RSUs on Dec 11, 2024 for CEO Darryl Bond (234,000 shares) and EVP & General Counsel Ho Shin (122,000 shares).
Yext Q3 FY2025 revenue $114M (+13% YoY); Adj EBITDA $23.1M; raises FY2025 guidance
Revenue $114.0M, up 13% YoY (11% constant currency), including Hearsay Systems integration.
Yext acquires Hearsay Social; Hearsay 2023 revenue $60.5M, net loss $10.2M
Hearsay Social FY2023 revenue $60.5M, gross profit $44.9M (74% margin).
Yext Q2 FY2025 rev $97.9M (-5% YoY); Adj EBITDA $9.8M; full-year outlook $420-421M rev
Revenue $97.9M, down 5% YoY; net loss $4.1M ($0.03 EPS); non-GAAP net income $6.8M ($0.05 EPS).
Yext completes Hearsay acquisition for $125M cash plus up to $75M earnout
Closed acquisition of Hearsay Systems on Aug 1, 2024; total consideration $125M cash at close.
Yext amends credit facility; replaces growth/quick ratio covenants with leverage and liquidity tests
Interest rate now based on SOFR plus 1.75%-2.25% or base rate minus 0.75%-1.25%, depending on leverage ratio.
Yext announces election of three Class I directors at annual meeting
Stockholders elected Mark Davis, Julie Richardson, and Evan Skorpen as Class I directors for three-year terms.
Yext acquires Hearsay Systems for $125M cash; Q1 revenue $96M, guides FY25 EBITDA $65-67M
Acquires Hearsay Systems for $125M cash, plus up to $75M earnout based on ARR milestones over two years.
Yext cuts ~12% of workforce, expects $5M restructuring charge in Q2 FY25
Workforce reduction of ~12% of full-time employees vs Jan 31, 2024 headcount.
Yext reports Q4 GAAP net income of $1.7M; revenue $101.1M slightly down YoY
Q4 revenue $101.1M, down 1% YoY; excluding large customer churn would have been slightly up.
Yext grants CEO Michael Walrath 1.25M performance-based RSUs, adds severance package
1,250,000 PSUs at target granted, vesting based on TSR vs S&P Software & Services Index over two periods through Mar 2025 and Mar 2026.
Yext Q3 FY2024 revenue $101.2M (+2% YoY); net loss narrows to $0.5M; non-GAAP EPS $0.09
Revenue of $101.2M, up 2% YoY; gross margin improved to 78.2% from 74.2%.
Yext President & COO Marc Ferrentino steps down, becomes advisor through June 2024
Marc Ferrentino resigns as President & COO, effective Sept 30, 2023; serves as advisor through June 30, 2024 under 9-month advisory agreement.
Yext Q2 FY2024 revenue $102.6M (+2% YoY), net loss narrows to $3.4M, adds $50M buyback
Revenue of $102.6M (+2% YoY); net loss $3.4M vs $20.0M loss in Q2 FY2023; adjusted EBITDA $11.8M.
Yext annual meeting results: directors elected, auditor ratified, say-on-pay approved
Class III directors elected: Sheehan (47.4M for), Lipson (73.8M), Yehoshua (74.6M); broker non-votes 17.2M.
Yext Q1 FY2024 revenue $99.5M (+1% YoY), net loss per share $0.00, adj. EBITDA $14.4M vs -$3.0M YoY
Revenue $99.5M (+1% YoY, +2% constant currency); gross margin 78.5% vs 75.0% YoY.
Brian Distelburger resigns as Yext employee, stays on board; equity continues vesting
Brian Distelburger resigned as employee effective March 8, 2023; remains as non-employee director.
Yext Q4 revenue $101.9M (+1% YoY); first non-GAAP quarterly profit of $0.05 EPS
Q4 revenue $101.9M (+1% YoY, +3% constant currency); FY revenue $400.9M (+3% YoY, +5% constant currency).
Mr. Tang replaced Darryl Bond as the Company's Chief Accounting Officer and principal accounting officer.
appointed Allan Tang as its Chief Accounting Officer and as its principal accounting officer.
On January 28, 2025, Julie Richardson notified the board of directors (the “Board”) of Yext, Inc. (the “Company”) that, after nearly 10 years of service to the Company, she intended to resign as a member of the Board, effective at the conclusion of the Company's current fiscal year on January 31, 2025.
On September 2, 2024, Tamar Yehoshua notified the board of directors (the “Board”) of the Company of her intention to resign as a member of the Board, effective at the end of the day on September 13, 2024.
On September 17, 2023, Marc Ferrentino notified the board of directors (the “Board”) of Yext, Inc. (the “Company”) of his intention to step down from his position as President and Chief Operating Officer of the Company effective September 30, 2023.
On March 8, 2023, Brian Distelburger notified Yext, Inc. (the “Company”) of his intention to resign as an employee of the Company effective March 8, 2023.
Max materiality 0.85 · Median 0.70 · Most common event earnings