Yext delivered a surprisingly good quarterly result with $98 million in revenues driven largely by new customers and upsells. The company’s earnings also exceeded the management guidance and there was a visible effort by the management to increase operating efficiencies in order to maximize margins. A major positive takeaway from the result was that Yext’s unearned revenue increased 12% year-over-year to $165 million. The company’s ARR was $378 million, up 12% year-over-year and renders a strong ....
17 Sep 2021
Yext Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
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Yext Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
- Published:
17 Sep 2021 -
Author:
Ishan Majumdar -
Pages:
14
Yext delivered a surprisingly good quarterly result with $98 million in revenues driven largely by new customers and upsells. The company’s earnings also exceeded the management guidance and there was a visible effort by the management to increase operating efficiencies in order to maximize margins. A major positive takeaway from the result was that Yext’s unearned revenue increased 12% year-over-year to $165 million. The company’s ARR was $378 million, up 12% year-over-year and renders a strong ....