Yext reported financial results for its fiscal first quarter of 2027, which ended April 30. The company achieved revenue of $107.9 million and an Adjusted EBITDA of $26.9 million, representing a 25% margin. Yext also reported an annual recurring revenue of $440.8 million and a basic net income per share of $0.02. During the quarter, the company completed a tender offer that resulted in the repurchase of 24.3 million shares for $140 million and increased its separate open-market share repurchase authorization by $100 million. CEO Michael Walrath emphasized that the company's structural efficiency and strong cash generation support its evolution as an infrastructure layer for brands deploying autonomous AI agents.
Yext IncRevenue and EBITDA beat expectations, plus share repurchases and increased buyback authorization.