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What happened, with direct paths to the underlying reporting
- Yext stocks down after missing Q1 earnings and announcing Hearsay Systems acquisition. - Q1 sales down 3.5%, annual recurring revenue fell 4%, adjusted earnings down 37.5%. - Yext expects Q2 sales between $98M and $98.4M, full-year revenue $394M-$396M. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Yext stocks down after missing Q1 earnings and announcing Hearsay Systems acquisition.
- Q1 sales down 3.5%, annual recurring revenue fell 4%, adjusted earnings down 37.5%.
- Yext expects Q2 sales between $98M and $98.4M, full-year revenue $394M-$396M.
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