NEW YORK, September 10, 2024--Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, today announced the launch of Yext Social, a cutting-edge AI-powered social media management solution that transforms how brands manage local customer engagement at scale globally. Yext Social empowers brands to connect with customers where it matters most—locally—through personalized, data-driven content, all managed on a single platform.
Yext (YEXT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Shares of online reputation and search platform Yext (NYSE:YEXT) jumped 14.1% in the pre-market session after the company reported second-quarter earnings results. Revenue missed slightly, but EPS managed to beat. Moving on, Yext provided optimistic full-year revenue guidance, which blew past analysts' expectations. Full-year EBITDA guidance also exceeded expectations. Overall, this was a solid quarter.