Company stock and report

New York-based technology company, Yext, Inc. (NYSE: YEXT) released its Q4th FY2022 earnings report.

Shares of Yext opened at $5.93 in yesterday's trading and closed at $5.92 (-1.33%). After the close, the pre-market share price was US$4.39 (-25.84%).

The total volume of shares bought and sold so far since the beginning of yesterday's trading day (Volume) is 1,556,883. Also, the average daily trading volume (usually over 30 days) in pieces (Avg. Volume) is 1,450,586.

It is worth noting that over the last five days the stock has lost -18.12%. The maximum value per share over the last five days is US$7.30 and the minimum value is US$5.80. The company has a market capitalisation of US$767.84 million.

The company has a 52-week high of US$16.64 and a 52-week low of US$5.72.

Report from the technology company

The company said in its report that the number of customers increased by 15% year-on-year to more than 2,700.

As for the company's revenue, revenue in the fourth quarter increased by 9% year on year to USD 100.9 million.

Revenue for the financial year 2022 increased by 10% year-on-year to USD 390.6 million.

Unearned revenue increased 16% year-on-year to US$ 223 million.

Accounting rate of return (ARR) increased by 10% year-on-year to US$390 million.

Cash and cash equivalents increased to US$261 million.

Yext was founded in 2006. Howard Lerman is Founder and CEO of the Yext in New York city, Brian Distelburger is Co-Founder, President and COO in Miami, David Rudnitsky is President and CRO of the company in Miami, Steve Cakebread is CFO of the company in Miami.