Latest news with #Yext
Zawya
2 days ago
- Business
- Zawya
South Africa: Hyperlocal is lekker, the AI-powered search revolution
Local is lekker, not only in SA but around the world – especially when you are talking search platforms. The fact is, search has evolved beyond traditional search engines like Google - only 64% of Gen Z search for products and services on traditional search engines first (Forbes survey 2024). More and more users now use diverse platforms like TikTok, Amazon and Instagram to find out about the latest products, coolest travel destinations or what not to buy. Driven by the rise of AI and other technologies, search fragmentation means consumers use a variety of platforms and ways to find what they are looking for. And more and more are choosing platforms that are able to customise and localise answers to the individual's needs, making local SEO a crucial outreach tool. With AI-driven search on the rise, brands need to adapt fast. Bryony Rose, one of the Nedbank IMC's much anticipated international keynote speakers, will fly in from London on the 18th September to talk search fragmentation and what it means for the industry. Bryony is the director for Enterprise International Business at Yext, the leading digital presence platform for multi-location brands with thousands of customers worldwide. 'AI-driven search experiences don't care if you're the biggest brand name with the biggest ad spend, AI-driven search prioritises the best answers for that individual,' explains Bryony. 'And while marketers have adopted AI to improve workflows and communication outputs, many aren't meeting the rapidly increasing demands of AI-driven search.' Marketers need to know where their audience is searching and adapt strategies accordingly. With AI-driven platforms processing data differently than traditional search engines, search has evolved from simple keyword searches to more conversational and context-driven queries. To stay relevant, marketers need to factor in these unique algorithms and user behaviours. In short, driving real business value means being able to provide the customised answers that users are searching for - is your business prepared for this new search landscape? Book your ticket and listen to Bryony as she reflects on these questions and more. Attend in-person or online. Venue – Mosaiek Teatro. 1 Danielle Street, Fairland, 2030. First early bird sold out. In-person tickets priced at R3500 (excl. VAT). Limited seats available. No allocated seating. Virtual tickets priced at R950 (excl. VAT). Book now. For more information visit: The annual Nedbank IMC Conference is Africa's foremost integrated marketing conference. Launched in 2019 it has become Africa's biggest marketing conference. The Integrated Marketing Collective (IMC) believes that Marketing is Business® and that marketing deserves its place at the boardroom table. This conference has more CMOs, senior marketers and agency leaders attending than any other in Africa and is relevant to anyone in the business of communication. One day of 15-minute presentations (with some exceptions), the conference is known for its hard-hitting global agenda with no sales pitches. The Nedbank IMC is presented in association with MASA, in collaboration with the ACA and is endorsed by the IAB. The 2025 theme is 'Marketing is Business®'.
Yahoo
3 days ago
- Business
- Yahoo
Q1 Earnings Roundup: ON24 (NYSE:ONTF) And The Rest Of The Sales And Marketing Software Segment
Let's dig into the relative performance of ON24 (NYSE:ONTF) and its peers as we unravel the now-completed Q1 sales and marketing software earnings season. The Internet and the exploding amount of data have transformed how businesses interact with, market to, and transact with their customers. Personalization of offerings, e-commerce, targeted advertising and data-empowered sales teams are now table stakes for modern businesses, and sales and marketing software providers are becoming the tools of evolving customer interaction. The 23 sales and marketing software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 2.5% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 4.8% on average since the latest earnings results. Started in 1998 as a platform to broadcast press conferences, ON24's (NYSE:ONTF) software helps organizations organize online webinars and other virtual events and convert prospects into customers. ON24 reported revenues of $34.73 million, down 7.9% year on year. This print exceeded analysts' expectations by 1.5%. Despite the top-line beat, it was still a slower quarter for the company with full-year EPS guidance missing analysts' expectations. The stock is up 17.4% since reporting and currently trades at $5.53. Read our full report on ON24 here, it's free. Founded in 2006 by Howard Lerman, Yext (NYSE:YEXT) offers software as a service that helps their clients manage and monitor their online listings and customer reviews across all relevant databases, from Google Maps to Alexa or Siri. Yext reported revenues of $109.5 million, up 14.1% year on year, outperforming analysts' expectations by 1.8%. The business had an exceptional quarter with a solid beat of analysts' annual recurring revenue estimates and an impressive beat of analysts' billings estimates. The market seems happy with the results as the stock is up 30.4% since reporting. It currently trades at $8.88. Is now the time to buy Yext? Access our full analysis of the earnings results here, it's free. Founded in 2011 after the co-founders met at NYC Disrupt Hackathon, Braze (NASDAQ:BRZE) is a customer engagement software platform that allows brands to connect with customers through data-driven and contextual marketing campaigns. Braze reported revenues of $162.1 million, up 19.6% year on year, exceeding analysts' expectations by 2.2%. Still, it was a slower quarter as it posted full-year EPS guidance missing analysts' expectations. As expected, the stock is down 17.1% since the results and currently trades at $29.96. Read our full analysis of Braze's results here. While the company is not a domain registrar and does not directly sell domain names to end users, Verisign (NASDAQ:VRSN) operates and maintains the infrastructure to support domain names such as .com and .net. VeriSign reported revenues of $402.3 million, up 4.7% year on year. This result was in line with analysts' expectations. Taking a step back, it was a mixed quarter as it failed to impress in some other areas of the business. The stock is up 11.8% since reporting and currently trades at $282.30. Read our full, actionable report on VeriSign here, it's free. Founded in Chennai, India in 2010 with the idea of creating a 'fresh' helpdesk product, Freshworks (NASDAQ: FRSH) offers a broad range of software targeted at small and medium-sized businesses. Freshworks reported revenues of $196.3 million, up 18.9% year on year. This number beat analysts' expectations by 2.1%. It was a strong quarter as it also put up accelerating growth in large customers and a solid beat of analysts' EBITDA estimates. The company added 717 enterprise customers paying more than $5,000 annually to reach a total of 23,275. The stock is up 8.4% since reporting and currently trades at $15.55. Read our full, actionable report on Freshworks here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Insider
04-06-2025
- Business
- Business Insider
Yext reports Q1 adjusted EPS 13c, consensus 11c
Reports Q1 revenue $109.5M, consensus $107.59M. 'Our first quarter results demonstrate solid execution and growing interest in our expanding platform,' said Michael Walrath, Yext (YEXT) Chairman and CEO. 'We exceeded guidance on both revenue and profitability, delivered record Adjusted EBITDA, and saw encouraging early adoption of new offerings. With the launch of Scout, continued traction from Social, and steady engagement across our core verticals, we're positioning Yext to help brands navigate a rapidly evolving search and discovery landscape. We remain focused on executing with discipline and investing in long-term growth.' Confident Investing Starts Here:
Yahoo
03-06-2025
- Business
- Yahoo
Yext (NYSE:YEXT) Exceeds Q1 Expectations, Provides Encouraging Quarterly Revenue Guidance
Online reputation and search platform Yext (NYSE:YEXT) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 14.1% year on year to $109.5 million. Guidance for next quarter's revenue was better than expected at $111.3 million at the midpoint, 1.7% above analysts' estimates. Its non-GAAP profit of $0.12 per share was in line with analysts' consensus estimates. Is now the time to buy Yext? Find out in our full research report. Revenue: $109.5 million vs analyst estimates of $107.6 million (14.1% year-on-year growth, 1.8% beat) Adjusted EPS: $0.12 vs analyst estimates of $0.11 (in line) Adjusted EBITDA: $24.68 million vs analyst estimates of $21.79 million (22.5% margin, 13.3% beat) Revenue Guidance for Q2 CY2025 is $111.3 million at the midpoint, above analyst estimates of $109.4 million Adjusted EPS guidance for the full year is $0.53 at the midpoint, beating analyst estimates by 5% EBITDA guidance for the full year is $104 million at the midpoint, above analyst estimates of $101.2 million Operating Margin: 1%, up from -5.7% in the same quarter last year Free Cash Flow Margin: 33.9%, similar to the previous quarter Billings: $87.8 million at quarter end, up 27.2% year on year Market Capitalization: $833.5 million Founded in 2006 by Howard Lerman, Yext (NYSE:YEXT) offers software as a service that helps their clients manage and monitor their online listings and customer reviews across all relevant databases, from Google Maps to Alexa or Siri. A company's long-term sales performance can indicate its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Regrettably, Yext's sales grew at a weak 3% compounded annual growth rate over the last three years. This was below our standard for the software sector and is a tough starting point for our analysis. This quarter, Yext reported year-on-year revenue growth of 14.1%, and its $109.5 million of revenue exceeded Wall Street's estimates by 1.8%. Company management is currently guiding for a 13.7% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 4% over the next 12 months, similar to its three-year rate. This projection is underwhelming and indicates its newer products and services will not catalyze better top-line performance yet. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Billings is a non-GAAP metric that is often called 'cash revenue' because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. Yext's billings punched in at $87.8 million in Q1, and over the last four quarters, its growth was impressive as it averaged 20.6% year-on-year increases. This alternate topline metric grew faster than total sales, meaning the company collects cash upfront and then recognizes the revenue over the length of its contracts - a boost for its liquidity and future revenue prospects. The customer acquisition cost (CAC) payback period represents the months required to recover the cost of acquiring a new customer. Essentially, it's the break-even point for sales and marketing investments. A shorter CAC payback period is ideal, as it implies better returns on investment and business scalability. Yext's recent customer acquisition efforts haven't yielded returns as its CAC payback period was negative this quarter, meaning its incremental sales and marketing investments outpaced its revenue. The company's inefficiency indicates it operates in a competitive market and must continue investing to grow. We were impressed by how significantly Yext blew past analysts' billings and EBITDA expectations this quarter. We were also excited its full-year guidance topped estimates. Zooming out, we think this was a solid print. The stock remained flat at $6.82 immediately following the results. Yext put up rock-solid earnings, but one quarter doesn't necessarily make the stock a buy. Let's see if this is a good investment. If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
Yext (YEXT) Q1 Earnings and Revenues Beat Estimates
Yext (YEXT) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this software developer would post earnings of $0.14 per share when it actually produced earnings of $0.12, delivering a surprise of -14.29%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Yext , which belongs to the Zacks Technology Services industry, posted revenues of $109.48 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 1.73%. This compares to year-ago revenues of $95.99 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Yext shares have added about 5.2% since the beginning of the year versus the S&P 500's gain of 0.9%. While Yext has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Yext: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.12 on $109.83 million in revenues for the coming quarter and $0.50 on $443.84 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Sprinklr (CXM), is yet to report results for the quarter ended April 2025. The results are expected to be released on June 4. This customer experience software developer is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of +11.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Sprinklr's revenues are expected to be $201.89 million, up 3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Yext (YEXT) : Free Stock Analysis Report Sprinklr, Inc. (CXM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
