Why Yext Stock Was Triumphant Thursday

Enterprise software company Yext (YEXT 13.01%) had an excellent Thursday in the stock market. Its share price ended the session nearly 13% higher thanks to a quarterly earnings report that showed better-than-expected numbers. That performance was in stark contrast to his trajectory S&P 500 index, which closed 0.3% lower.

A solid basic beat

Yext released its results for the second quarter of fiscal 2025 after the closing bell on Wednesday. For the period ended July 31, the tech company posted revenue of $97.9 million. That was down from more than $102 million in the same quarter of fiscal 2024.

Non-GAAP net income (adjusted) also fell to less than $6.8 million from $8.1 million in the year-ago period. Adjusted net income was $0.05 per share.

This meant a mixed quarter for Yext. While its revenue fell well short of the average analyst estimate of $98.1 million, the bottom line beat the consensus projection by $0.03 per share.

In its earnings release, the company said it will continue to try to exploit its strong market position. “As the only end-to-end digital presence platform on the market, we believe we are uniquely able to leverage our combined capabilities to accelerate the pace of innovation and deliver additional value to our customers and partners,” said CEO Michael Walrath.

Limited fiscal year guidance

Yext also raised its guidance for fiscal 2025. It now expects revenue to fall within a tight range of $420 million to $421 million, which compares favorably to the median forecast analyst estimate of just over $416 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) should come in between $66 million and $67 million.