Yext Inc
For the period ended Jul 31, 2024. Filed Sep 4, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 31, 2024 · Filed Sep 4, 2024
YEXT$7.67+1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share data)
| Three months ended July 31, | Six months ended July 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $97,887 | $102,598 | $193,877 | $202,051 |
| Cost of revenue | 22,293 | 22,393 | 43,839 | 43,743 |
| Gross profit | 75,594 | 80,205 | 150,038 | 158,308 |
| Operating expenses: | ||||
| Sales and marketing | 41,957 | 47,591 | 85,211 | 91,587 |
| Research and development | 18,580 | 18,890 | 35,639 | 35,643 |
| General and administrative | 22,623 | 17,955 | 42,180 | 36,541 |
| Total operating expenses | 83,160 | 84,436 | 163,030 | 163,771 |
| Loss from operations | (7,566) | (4,231) | (12,992) | (5,463) |
| Interest income | 2,395 | 1,840 | 4,755 | 3,374 |
| Interest expense | (124) | (88) | (516) | (161) |
| Other expense, net | (204) | (297) | (342) | (617) |
| Loss from operations before income taxes | (5,499) | (2,776) | (9,095) | (2,867) |
| Benefit from (provision for) income taxes | 1,442 | (661) | 1,221 | (982) |
| Net loss | $(4,057) | $(3,437) | $(7,874) | $(3,849) |
| Net loss per share attributable to common stockholders, basic and diluted | $(0.03) | $(0.03) | $(0.06) | $(0.03) |
| Weighted-average number of shares used in computing net loss per share attributable to common stockholders, basic and diluted | 126,535,481 | 124,358,526 | 125,967,631 | 123,821,653 |
| Other comprehensive (loss) income: | ||||
| Foreign currency translation adjustment | $237 | $(196) | $(180) | $154 |
| Unrealized gain (loss) on marketable securities, net | 12 | (8) | 4 | (12) |
| Total comprehensive loss | $(3,808) | $(3,641) | $(8,050) | $(3,707) |
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