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Benzinga
Benzinga
Business
Adam Eckert

Why Yext Stock Is Trading Higher After Hours

Yext Inc (NYSE:YEXT) shares are trading higher in Wednesday's after-hours session after the company reported better-than-expected financial results.

Yext said fiscal 2023 first-quarter revenue increased 7% year-over-year to $98.8 million, which beat the estimate of $96.75 million, according to data from Benzinga Pro. The company reported a quarterly earnings loss of 6 cents per share, which beat the estimate for a loss of 7 cents per share. 

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