NYSE:YEXT - New York Stock Exchange, Inc. - US98585N1063 - Common Stock - Currency: USD
Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Unprofitable companies face headwinds as they struggle to keep operating expenses under control. Some may be investing heavily, but the majority fail to convert spending into sustainable growth.
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Shares of online reputation and search platform Yext (NYSE:YEXT) fell 8.5% in the pre-market session after the company reported underwhelming fourth-quarter results, with revenue merely in line with expectations while EPS fell short. Looking ahead, management decided to hold back on full-year revenue guidance, pointing to uncertainty around new product adoption and currency swings. Instead, they put out an adjusted EBITDA target of $100 million to $103 million, which signals they feel good about
Online reputation and search platform Yext (NYSE:YEXT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 11.9% year on year to $113.1 million. Its non-GAAP profit of $0.12 per share was 9.4% below analysts’ consensus estimates.