Yext to lay off 8% of staff [MarketWatch]
Yext, Inc. (YEXT)
Last yext, inc. earnings: 3/3 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.yext.com
Company Research
Source: MarketWatch
Once the layoffs are complete, the company, which uses artificial intelligence in search, expects to have about 1,100 employees, compared with 1,400 at the start of fiscal 2023. MarketWatch has reached out to Yext for context on the expected employee count, which is more than 8% below levels from the beginning of the fiscal year that started last February. “The restructuring includes the implementation of a new cost structure that will remove layers of management to bring the company in line with what it believes are industry best practices,” Yext said in a Monday afternoon filing with the Securities and Exchange Commission. The company anticipates that it will incur incremental restructuring costs of $2 million, most of which it expects to see in the fourth quarter of fiscal 2023. Yext maintained its prior outlook for the fourth quarter. That called for $100 million to $101 million in revenue and 2 cents to 3 cents in adjusted earnings per share. Yext shares were up nearly 2% in afte
Show less
Read more
Impact Snapshot
Event Time:
YEXT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
YEXT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
YEXT alerts
High impacting Yext, Inc. news events
Weekly update
A roundup of the hottest topics
YEXT
News
- Yext: It's A Profit Story Now (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- ClickReady Marketing Announces NEW SEO Marketing Packages Specifically Created for Attorneys.PR Web
- Yext (YEXT) Gains But Lags Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Q4 Earnings Highlights: Yext (NYSE:YEXT) Vs The Rest Of The Sales And Marketing Software Stocks [Yahoo! Finance]Yahoo! Finance
- Yext: Waiting For Headline Growth To See Positive Inflection [Seeking Alpha]Seeking Alpha